• 제목/요약/키워드: Discount Rate

검색결과 307건 처리시간 0.022초

통영바다목장화사업의 경제적 타당성평가 (Assessing the Economic Feasibility of a Marine Ranching Project in Tongyoung)

  • 표희동
    • Ocean and Polar Research
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    • 제31권4호
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    • pp.305-318
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    • 2009
  • A marine ranching project in Tongyoung was established in 1998, lasting 9 years to 2006. Project activities included the deployment of artificial reefs, the release of young fishes like jacopever and rockfish, and input/output control for specific marine ranching areas in Tongyoung. This report focuses on the economic feasibility of the project in hindsight. Analysis concentrates on three aspects; (a) direct economic benefits, such as increasing effects of fisheries income and savings in harvesting costs, (b) indirect benefits, including increasing effects of recreational fishing and saving R&D costs, and (c) costs, including releasing and purchasing costs of artificial reef and juvenile fish, R&D costs, maintenance costs and harvesting costs. Results show that NPV=4.7 billion won, IRR=8.55% and B/C ratio=1.286 under Scenario 1, which considers the saving effects of R&D costs, and NPV=0.9 billion won, IRR=6.03% and B/C ratio=1.11 under Scenario 2, which does not consider the saving effects of R&D costs, based on 5.5% of the social rate of discount. According to sensitivity analysis, the economic feasibility is very sensitive to the recapture rate.

Assessing the Value of Research and Exploratory Development Stage of an R&D project under Duopoly and Oligopolistic Competition

  • 최돈호;김지수
    • 기술혁신연구
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    • 제4권1호
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    • pp.165-183
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    • 1996
  • In acquiring and transferring a superior knowledge assesing the intermediate result value of a competitive R&D project is very important for a firm engaging in R&D. Most existing literatures on R&D evaluation are concerned with project selection and resource allocation. In this paper the stage of an R&D project is classified into research, exploratory development, and development. And a model is suggested which evaluates the intermediate result value before completion of development stage under duopoly and oligopolistic competition. Assessed value of the intermediate result transferred to the next tier company can be used as a minimum acceptable price to the inventor when more advanced knowledge acquired through R&D is transferred to the next tier one. The model suggested is composed of structural variables including research cost, success rates, potential profits, discount rate degree of competition. By using exponential distribution for invertion process time in each stage, we derive a formula that can assess the value of the intermediate result, and we demonstrate how the model can be applied to a competitive R&D situation through an example.

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레토르트 식품의 특성과 소비자 인식간의 관계 영향 (The Relationship between the Characteristics of Retort Food and Consumer Perceptions)

  • 이기성;한경수
    • 한국식생활문화학회지
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    • 제33권2호
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    • pp.160-168
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    • 2018
  • The purpose of this study was to investigate the relationship between retort food characteristics and consumers' perceptions and to survey 295 consumers from December 10 to December 20 as the center of consumers who purchase retort food. As a result, most of the consumers who purchase retort food were women and the age were under 25 and 26 to 30 years old. There were many housewives and students in the occupation group and 2 to 3 in the family members. In addition, many graduated from college and many places of purchase were convenience stores and large discount stores. Consumer retort food purchase rate were high by 30-40% in meat products. Fish meat products were high by 30-40% and sauces were high by 20-30%. Instant foods were high by 20-30%, Tang (탕) / Guk (국) / Jigae (찌개) were high by 30-40% and canned food were high by lower than 10%. As a result of the influence of retort food characteristics on positive perceptions only convenience were influential. The effects of the characteristics of retort food on negative perceptions were influenced only by hygiene and standardization.

공공임대주택 사업의 적정 주거비 보조금에 관한 연구 (A Study on the evaluating proper house rental supplement for poors)

  • 이동운;옥선호;김영수
    • 한국건설관리학회논문집
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    • 제8권2호
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    • pp.59-67
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    • 2007
  • 2001년 이후 주택가격의 상승에 따라 저소득층의 주거비 부담이 가중되고 있다. 이러한 문제를 해결하기 위해서 정부에서는 국민임대주택의 지속적인 공급과 더불어 민간주도의 공공임대주택의 확대공급을 적극 장려하고 있다. 주거비 보조제도는 선진복지국가에서 저소득층 세입자의 주거문제해결을 원조하는 방법의 하나로서 임대료 통제 및 공공임대주택의 공급과 더불어 3대 정책수단으로 인식되고 있다. 국내에서도 국민기초생활보장법에 임대료와 수선비 지원이 가능한 주거급여가 제한적으로 포함되어 있으나, 공공임대주택사업의 경우 아직 뚜렷하게 제시된 수익률에 관한 명확한 기준이나 체계가 없어 본격적인 제도발전을 위한 연구가 필요한 단계이다. 따라서 본 연구에서는 공공임대주택사업의 적정 수익률의 산정과 더불어 저소득층의 주거 비 지불능력을 고려한 주거비 보조금액의 기준 제시를 목적으로 한다.

농작업 대행사업 경제성 분석 - 나주시 봉황면 사례를 중심으로 - (An Economic Feasibility Analysis of Custom Work Service - Case of Bonghwang-myeon, Naju City -)

  • 이정민;신승엽
    • 농촌지도와개발
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    • 제28권4호
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    • pp.167-174
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    • 2021
  • This study analyzed the feasibility of custom work service to deal with the imbalance of farm labor supply due to population aging. The economic feasibility analysis is based on the case of Bonghwang-myeon in Naju-si, where the majority of farm work is entrusted to local agricultural cooperative. To assess the project profitability and economic feasibility based on the projected cash flow for the next ten years, Return On Investment (ROI), Net Present Value (NPV), and Internal Rate of Return (IRR) of the projects were calculated. The results showed that ROI is estimated at 13.7%, and NPV and IRR are KRW 1,504,932,000 and 15.6%, respectively, with a discount rate of 4.5%, indicating a good enough profitability. Furthermore, a sensitivity analysis with government support as part of an assumption showed that without the support, NPV turns negative, implying that the project is not profitable, and that government support for at least 30% of the cost is needed to secure the economic feasibility of a project. Hence, to promote agricultural work entrustment, it is necessary for the government to partly support the agricultural machinery and facility costs, which require a considerable amount of initial investment.

ECONOMIC ANALYSIS BY GLASS TYPES IN BALCONY CONVERSION OF MULTI-FAMILY HOUSING PROJECTS

  • H.G. Kim;D.I. Kim;D.W. Ko;T.H. Hong;C.T. Hyun;K.J. Koo
    • 국제학술발표논문집
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    • The 2th International Conference on Construction Engineering and Project Management
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    • pp.625-634
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    • 2007
  • Energy-saving is one of important issues in multi-family housing projects in South Korea. According to the study by Yu et al. (2002), the balcony conversion causes energy loss approximately one and a half times. Therefore, it is important to select the economical glass type in the balcony window. In order to identify the most economical glass type of balcony conversion in multi-family housing projects, the most typical type of the multifamily housing projects in the metropolitan area was selected as a candidate project. The selected candidate project has been simulated using ENERGY-10 program to estimate the heat load by the different five types of glasses as well as their life cycle cost analysis (LCCA) using present worth method. Finally, sensitivity analysis has been conducted to determine the most economical glass types under a different discount rate (interest rate) and service life of building.

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자동차사고 발생시 보험처리 의사결정에 관한 연구 -사고에 대한 조건부확율의 이용- (A Study on Decision Making for Applying Insurance in Car Accident -Using the Conditional Probability on Car Accident-)

  • 이공섭
    • 산업경영시스템학회지
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    • 제22권51호
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    • pp.199-210
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    • 1999
  • The number of car accident is Recently on the increase in Korea because of the explosive increase of cars, the poor road condition, the lack of safety facility, and others. The insurant with a accident has to decide whether receiving a insurance or not. In this paper, we represent a reasonable decision support material by calculating the approximate insurance fee based on the discount rate and premium additive rate, which is changed by the accident type and the accident expenditure. Practically, there is difference in the standard insurance rate and premium additive rate according to the accident type and the accident expenditure in Korea. The premium additive rate is assessed considering the number of accident, the pattern of accident, and the reason of accident for 3 years. In this paper, we represent a decision making method considering not only the first-time car accident but also the future car accident. For considering the repeated accident, we analyzed the real data accumulated until the year of 1996 from S Insurance Company, and estimated the probability density function between the first and the second-time accident, and executed the goodness of fit test using ARENA and STATISTICA software. Using this conditional PDF, we can calculate the insurance fee next 3 years and compare the insurance fee with the equivalent present value of cash flows. The program performing this analysis is represented, and written in VISUAL BASIC Language. We tried to suggest an accurate guideline for the insurant to decide the insurance coverage rationally, and tried to correct a wrong idea of dependence on the car insurance only by the amount of the accident expenditure. And we expect this study can generally be applied to many different accident types under the uncertain circumstances in our daily life.

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기후변화를 고려한 농촌지역 그린빌리지의 태양에너지 활용에 관한 경제성 분석 (Economic Analysis of Rural Green-Village Planning with Solar Energy considering Climate Change)

  • 김대식;왕영두
    • 농촌계획
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    • 제19권3호
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    • pp.25-36
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    • 2013
  • This study aims to perform the economic analysis to the use of solar power facilities in rural villages considering the climate change scenario. IPCC climate change scenarios in the recently adopted the RCP scenarios (RCP8.5, RCP6.5, RCP4.5, RCP2.6) was used. By RCP scenarios, solar radiation, depending on the scenario in 2100, respectively, 3.6%, 2.5%, 1.9%, 1.1% was assumed to increase. From the economic analysis(payback period is 25 year) on 8 points of each province, in all cases of normal data and four RCP scenarios, at all points analyzed were NPV indicate a negative, BC ratio less than 1.0, respectively. In the case of Mokpo, Chunnam RCP8.5, BC ratio were found to be up to a 0.92, followed by 0.89 in the case of RCP8.5 in Jinju, Kyungnam shows, while the minimum was in Jeju. BC ratio is 1.0 or bigger, in order for the normal solar radiation data in Mokpo, Chonnam was the minimum that it takes 37 years. Similarly, in the case of RCP scenarios, 30 years in Mokpo, Chonnam RCP8.5 and 31 years in the cases of Jinju, Kyungnam and Jeonju, Cheonbuk RCP8.5 were analyzed. It was analyzed that RCP8.5 has the highest value. BC analysis models for each of the factors, the results of the sensitivity analysis, the initial installation costs, electricity sales price, discount rate in the order of economy showed higher sensitivity, and the rest factors showed lower changes. Although there are some differences of solar radiation by region, but in Korea most facilities in rural areas, the use of solar power was considered to be economical enough, considering change of several factors with high sensitivity, such as increasing of government subsidies for the solar power installation of the facility, rising oil prices due to a rise in electricity sales price, and a change in discount rate. In particular, when considering climate change scenarios, the use of solar energy for rural areas of the judgment that there was more economical.

장기간의 항만 폐쇄와 일시적 운영 중단이 직립 방파제 케이슨의 최적 설계에 미치는 영향 (Effects of Long-Term Harbor Shutdown and Temporal Operational Stoppage upon Optimal Design of Vertical Breakwater Caisson)

  • 서경덕;김덕래;김경숙
    • 한국해안해양공학회지
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    • 제19권2호
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    • pp.113-127
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    • 2007
  • 본 연구에서는 직립 방파제 케이슨의 활동에 따른 복구비용, 과도한 케이슨 활동 발생시 항만 폐쇄에 따른 경제적 피해 비용 그리고 월파에 의한 일시적 작업 중단에 따른 경제적 피해 비용을 동시에 고려하는 기대 총 건설비 산정 모델을 수립하였다. 발생시점이 서로 다른 피해 비용을 일정한 기준으로 산정하기 위해 할인율을 적용하였다. 케이슨의 최적 단면은 방파제 수명 동안의 기대 활동량의 허용범위 내에서 기대 총 건설비용이 최소가 되는 단면으로 정의되며, 그 기대 활동량의 허용치는 0.3 m와 0.1 m 두 가지 경우에 대해 살펴보았다. 과도한 케이슨 활동에 의한 항만 폐쇄에 따른 경제적 피해 비용과 그 산정 기준이 케이슨 복구비용이나 월파에 의한 작업 중단에 따른 경제적 피해 비용보다 최적 단면 결정에 더 중요한 요인임을 확인하였고, 항만 폐쇄에 대한 케이슨 활동량의 임계 칼이 커질수록 케이슨의 최적 단면은 기대 총 건설비의 최소점보다 기대 활동량의 허용치에 의해 결정되는 것으로 나타났다.

공동주택의 분양시기 변화에 따른 공급자의 수익성 비교 분석 (A Comparative Analysis of Supplier's Profitability According to the Different Sales Timing in Apartment Housing)

  • 김성희
    • 한국건설관리학회논문집
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    • 제13권5호
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    • pp.25-34
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    • 2012
  • 본 연구는 주택 후분양제도를 도입한지 6년여 기간이 경과되는 현 시점에서 제도시행의 취지 및 효과를 점검하고, 공급자 관점에서 분양시기에 따른 수익성 변화를 분석하여 그 정도를 파악하였다. 서울시 공동주택 사업을 대상으로 사례분석 하였으며, 분양수입의 현재가치분석, 민감도분석, 분양가를 예측한 현재가치분석을 실시하였다. 분석결과 첫째, 선분양제가 후분양제보다 5.1%~6.2% 수익성이 높았고, 선분양의 4가지 안(착공후 즉시, 건설공정 20%, 40%, 60%) 가운데 착공과 동시에 계약금을 회수하는 안의 분양수입이 가장 높았다. 둘째, 할인율 증가와 분양수입 감소는 정비례하였으며, 할인율이 커질수록 공급자관점에서의 분양수입은 감소하였다. 셋째, 분양시기에 따른 분양가격 변동을 감안하여, 기본형건축비의 변동폭을 고려한 분양수입의 현재가치는 선분양방식이 후분양방식에 비해 2% 내외의 미미한 수준에서 다소 높았다. 본 연구는 분양시기에 따른 수익성을 공급자 관점에서 명확하게 계량화하여 제시하였고, 분양시기 변화에 따른 분양가 변동을 고려하여 분양수입을 산출하였다는 점에 의의가 있다.