• Title/Summary/Keyword: Discount Rate

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A Study on Developing Profit Model and Analyzing Validity for Remodelling of Apartment Houses (공동주택 리모델링의 수익모델 개발과 타당성 분석 연구)

  • Kim, Eui-Sik;Pyo, Ji-Myung;An, Min-Jae
    • Journal of the Korea institute for structural maintenance and inspection
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    • v.8 no.4
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    • pp.257-264
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    • 2004
  • The physical factor having a great influence among components of making values of profit model in apartment houses is equilibrium change of house and this study suggests an alternative of remodelling. It sets profit models including model dividing household of large scale into that of small scale using value making factor of apartment house and spatial composition techniques and model integrating households of small scale and converting them into those of large scale and finds that its economy is good as over 'average', evaluative value of economy is reduced as discount rate increases and economy of remodelling is superior.

A Study on the Women's Behavior of Underwear Consumption (여성의 내의 소비 행동에 관한 연구)

  • 정혜원
    • Journal of the Korean Society of Clothing and Textiles
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    • v.28 no.3_4
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    • pp.422-432
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    • 2004
  • This study investigated underwear consumption behavior of women, who were 20∼59 years old and resided in Incheon during 2002 summer. 372 women completed questionnaires, and data were analyzed using factor analyses, t-test, ANOVA, $\chi$$^2$-analyses. They usually purchased underwear considering comfort and economic factor at a discount store. They wore sleeveless T-shirts, but they didn't wear underpants except panties highly all the year round. Higher rate of them wore pantyhose instead of underpants during autumn, winter and spring. They demanded unstitching of stitches and lengthened sleeves in most of the groups. And older and lowly educated women group wanted widen armhole of upper underwear, and tighten waistband of panties. They generally washed in washing machine using cold water. Besides they added oxygen bleach and softner during wash and final rinse. Older than 20's boil their underwear frequently. The women in a group of boiling commonly answered the looseness of waistband. It is recommended not to boil but to soak with bleach added warm water for improving the whiteness and durability of underwear. For a treatment with higher temperature deprives the elasticity of spandex.

A study on the Economies of Launching Regular Air Service Between South Korea and North Korea;Based on the Analysis of Air Passenger's Preference of air services from Seoul to Beijing via Pyung Yang (남북한간 정기항공편 운항의 경제성 연구;서울-북경 항공편의 부분적 평양경유 운항을 가정한 항공여행자 선호도 분석을 중심으로)

  • Ryu, M.Y.;Kim, J.C.;Yoo, K.E.
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.14 no.4
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    • pp.66-73
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    • 2006
  • This study focuses on the economies of launching regular air services between capital cities of South Korea and North Korea. The demand for traveling between these two cities is too small to justify scheduled air service. However, it may be possible to provide regular air service by utilizing via flight of incumbent Seoul-Beijing flights. There are numerous flight services between Seoul and Beijing and we may allow some of the Seoul-Beijing flights to stop by Pyung Yang for commercial traffic handling. This study tries to find the optimal discount rate which passengers traveling between Seoul and Beijing via Pyung Yang, the idea is reasonable considering the inconvenience of stopping at Pyung Yang. The Stated Preference Techniques are applied for the study. The required data were collected through interviews of passengers traveling from Seoul to Beijing. The major variables that are considered in flight choice are air fare, flying time, and flight frequency. The relative importance of these major variables is estimated by the logit models calibrated with stated preference data.

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A study on the Cold-heat Storage System for Operation Status Monitoring of Showcase (쇼케이스 운전상태를 고려한 축냉시스템 적용타당성 연구)

  • Lee, Eun-Ji;Lee, Dong-Won
    • Proceedings of the SAREK Conference
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    • 2008.06a
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    • pp.1261-1266
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    • 2008
  • Experimental study was performed to understand the operations of a showcase working in a discount store. Temperatures of evaporation, condenser were measured and also electric power consumption of compressor were measured. The purpose of this study is to application use of cold-heat storage systems operated the showcase. At the condition using ice storage system, the ice making process was operated during midnight being not needed the cooling of the showcase through the continuous running of the condenser unit. And then, the refrigerant was sub-cooled using stored cold-heat after being discharged from the air cooling condenser during the day time. The cooling performance was increased owing to the sub-cooling of refrigerant during day time, hence the running time of the compressor was effectively decreased. In other words, this study showed that power consumption during daytime can be transferred to the midnight for making use of the refrigerant sub-cooling. So the operating characteristics of the showcase system under various working conditions were analyzed and discussed.

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A Study on the Improving Measures of Private Brand Clothing Products in Domestic Department Stores

  • Kim, Wan-Joo;Kim, Moon-Sook
    • The International Journal of Costume Culture
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    • v.4 no.1
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    • pp.44-60
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    • 2001
  • The purpose of this study is to present suggestions to improve the problems the domestic department stores face by analyzing and comparing the status of the development of PB which is absolutely critical for the specialized domestic department stores to survive, and to search for the future course which may lead to boosting sales and profit by developing the strategic PB products. Selected for this study were atotal of 20 PB's out of domestic as well s foreign PB's in the 4 big department stores. The data were analyzed with SAS package employed as per the by items frequency, percent, mean and standard deviation. From the above study, following viewpoints can be taken into account for the future development of PB ; First, the active will of the excutive is basically necessary for successful development of PB, by relying on long-term investment. Second, the existing mid or low-price goods should be in line with the mid or high price one's development for domestic merchandising with focus on middle or high class society. Third, the stock burden, biggest problem of PB, can be solved by discount policy at optimum prices and success rate of merchandising prediction.

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A Comparative Analysis of the Functional Values for Wastewater Treatment and Atmospheric Regulation in Coastal Wetland and Rice Paddy Ecosystems (갯벌과 간척농지의 수질 및 대기조절가치의 비교분석)

  • Pyo, Hee-Dong
    • Environmental and Resource Economics Review
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    • v.10 no.1
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    • pp.95-126
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    • 2001
  • Functional values for wastewater treatment and atmospheric regulation in coastal wetland and rice paddy ecosystems are quantified, and an illustration is given on how to integrate biophysical parameters into a valuation framework. This is one of most controversial issues in economic analysis for wetland preservation versus wetland conversion to agricultural use. This paper includes theoretical considerations for estimating functional values of environmental ecosystems, and the integration of biophysical data and replacement cost method employed. Specific physical and geographical characteristics and data on ecosystem functions and services in coastal wetlands and rice paddies are addressed for evaluating their values in economic terms. In particular this paper indicates double counting problems and overestimation in the previous studies, and demonstrates how to avoid them and to maintain the consistency of valuation process involving a least-cost method, thus enables an accurate integration of the coastal wetland ecology and wetland economics. As a result which is far away from the previous studies, the total economic present value of wastewater assimilation by coastal wetland is estimated at 7,484,640 won/ha, and the net present value of positive effect for atmospheric regulation, negative effects for air pollution and water pollution by rice paddy is estimated at -37,934 won/ha, assuming that resources are infinitely long-lived and the annual value and the rate of discount (10%) is constant every year. In conclusion, for further reliability and validity of functional values for natural resources it is very noteworthy that a general equilibrium framework that could directly incorporate the interdependence between ecosystem functions and services would be preferred to the partial equilibrium framework.

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Consumers' evaluation and preference in retail store by their decision-making style (소비자 의사결정유형에 따른 소매점 평가 및 선호도 분석)

  • Huh, Kyung-Ok
    • Journal of Family Resource Management and Policy Review
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    • v.10 no.4
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    • pp.27-45
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    • 2006
  • On this research, we classified Korean consumers into several comsumer groups based on the different decision-making process they endorse, and then investigated the difference among these consumer groups in frequency, expenditure, satisfaction in using different types of retail stores. For this research, we have surveyed consumers dwelling in Seoul and in near-Seoul areas in 2004. The following is the summary of the main results. First, 'enjoy shopping' group showed a high expenditure rate in department store shopping and internet shopping, whereas 'impulsive decision' group more frequently visited traditional market places, 'fashion pursuing' group and 'enjoy shopping' group visited department stores more frequently than traditional market places. Second, 'impulsive decision' group assessed that the traditional market place offers better price and quality. Also 'impulsive decision' group and 'enjoy shopping' group assessed positively on the AS provided by department stores, and assessed negatively on the AS provided by internet shopping malls. Finally, 'fashion pursuer' group preferred buying foods from traditional market places, while 'brand seeker' group and 'fashion pursuer' group preferred buying clothes from discount stores. While 'enjoy shopping' group showed a high preference in buying clothes in department stores, 'rational decision-making' group showed a low preference in buying clothes in department stores.

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A study on Brand Images and Consumers' Buying Intentions by Fashion Leaflet Advertisements (패션전단 광고에 따른 브랜드이미지와 구매의도에 관한 연구)

  • 신초영;이승희
    • Journal of the Korean Society of Clothing and Textiles
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    • v.27 no.5
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    • pp.475-484
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    • 2003
  • The objectives of this study were to investigate the consumers' general perceptions and attitudes in response to the leaflet fashion advertisements, and to examine how much differently the level of price and the advertisement type affect brand images and consumers' buying intentions. Subjects for this study were 192 female university students in the twenties. Through the pre-test, several casual brands with such various the level of price as high, middle. and low were selected. Stimuli consisted of 8 photographs of the advertisements types which were manipulated according to the price level(highㆍmiddle & low) and the advertisements type(generalㆍleaflet). The results showed that consumers got the information on the fashion products mostly from the advertisements in magazines. It was also found that consumers showed the highest interests on the design and the discount rate of prices in the leaflet fashion advertisements. The price range(highㆍmiddle & low) of casual brands had significantly affected on the brand image and the consumers' buying intention. And the higher the prices of casual brands were, the worse brand images were when products were advertised by fashion leaflets. The advertisements types(generalㆍleaflet) gave some influences only on the brand image. Based on these results, marketing strategies of fashion advertising would be ,suggested.

Uncertainty Cases in Economic Evaluation of Back-End Nuclear Fuel Cycle (후행 핵연료주기 경제성 평가의 불확실성 사례)

  • Kim, Hyung-Joon;Cho, Chun-Hyung;Lee, Kyung-Ku
    • Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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    • v.6 no.2
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    • pp.141-145
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    • 2008
  • Due to the uncertainties resulting from cost projection, evaluation over long term period, and adequacy of applied discount rate, the economic assessment for back-end fuel cycle is different from each organizations or individuals. In this paper, the features and limitations of some noticeable economic evaluations were investigated and analysed to contribute for the public participation and back-end fuel cycle policy related researches. As a result of analysis, we found that the reprocess and recycling is more economical than direct disposal option, but the result includes high uncertainty that depends on the input parameters.

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A Study on the Adequate Capacity of Substation Transformer for Offshore Wind Farm (해상풍력발전단지의 해상변전소 변압기 적정 용량에 관한 연구)

  • Moon, Won-Sik;Jo, Ara;Huh, Jae-Sun;Bae, In-Su;Kim, Jae-Chul
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.29 no.8
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    • pp.83-89
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    • 2015
  • This study suggests the methodology to decide the number and adequate capacity of substation transformer in a large-scale offshore wind farm (OWF). The recent trend in transformer capacity of offshore substation is analyzed in many European offshore wind farm sites prior to entering the studies. In order to carry out the economic evaluation for the transformer capacity we present the cost models which consist of investment, operation, and expected energy not supplied (EENS) cost as well as the probabilistic wind power model of wind energy that combines the wind speed with wind turbine output characteristics for a exact calculation of energy loss cost. Economic assessment includes sensitivity analysis of parameters which could impact the 400-MW OWF: average wind speed, availability, discount rate, energy cost, and life-cycle.