• Title/Summary/Keyword: Expected Total Cost

Search Result 428, Processing Time 0.035 seconds

Optimization of Swine Breeding Programs Using Genomic Selection with ZPLAN+

  • Lopez, B.M.;Kang, H.S.;Kim, T.H.;Viterbo, V.S.;Kim, H.S.;Na, C.S.;Seo, K.S.
    • Asian-Australasian Journal of Animal Sciences
    • /
    • v.29 no.5
    • /
    • pp.640-645
    • /
    • 2016
  • The objective of this study was to evaluate the present conventional selection program of a swine nucleus farm and compare it with a new selection strategy employing genomic enhanced breeding value (GEBV) as the selection criteria. The ZPLAN+ software was employed to calculate and compare the genetic gain, total cost, return and profit of each selection strategy. The first strategy reflected the current conventional breeding program, which was a progeny test system (CS). The second strategy was a selection scheme based strictly on genomic information (GS1). The third scenario was the same as GS1, but the selection by GEBV was further supplemented by the performance test (GS2). The last scenario was a mixture of genomic information and progeny tests (GS3). The results showed that the accuracy of the selection index of young boars of GS1 was 26% higher than that of CS. On the other hand, both GS2 and GS3 gave 31% higher accuracy than CS for young boars. The annual monetary genetic gain of GS1, GS2 and GS3 was 10%, 12%, and 11% higher, respectively, than that of CS. As expected, the discounted costs of genomic selection strategies were higher than those of CS. The costs of GS1, GS2 and GS3 were 35%, 73%, and 89% higher than those of CS, respectively, assuming a genotyping cost of $120. As a result, the discounted profit per animal of GS1 and GS2 was 8% and 2% higher, respectively, than that of CS while GS3 was 6% lower. Comparison among genomic breeding scenarios revealed that GS1 was more profitable than GS2 and GS3. The genomic selection schemes, especially GS1 and GS2, were clearly superior to the conventional scheme in terms of monetary genetic gain and profit.

A Possibility for Multilateral CDM Projects in Northeast Asia - The reduction effect in transaction cost by Korean participation - (동북아시아지역의 다국 간 CDM프로젝트에 대한 검토 -한국 참가에 따른 거래비용 삭감효과-)

  • Jung, Woo-Jong;Nakano, Satoshi
    • Journal of Environmental Policy
    • /
    • v.2 no.2
    • /
    • pp.41-63
    • /
    • 2003
  • CDM(Clean Development Mechanism) project is said to be a mechanism, which profits both the investing country and the host country, while additionally contributing to the reduction of greenhouse gases of the earth as a whole. However in reality, most of the proposed projects do not end up in agreement because of the problems related to differences in recognition between the investing country and the host country of the CDM project. This outlines the background for this research which proposes a new design of institutional arrangements of CDM projects in the Northeast Asian region, mainly Japan, China and Korea. In addition, we investigate the feasibility of the proposed design. The research firstly focuses on the reduction in transaction costs that the participation of Korea will have on a Japan-China CDM project. This paper further emphasizes the potential gains that would materialize if a CDM project involved the whole Northeast Asian region, and not only one country. Our research suggests that an approximate reduction of 23% in transaction costs, and about 4% reduction in the total costs of a CDM project can be expected to follow the Korean participation. In addition to decreasing costs we find that a Korean involvement in a CDM project with Japan will lead to efficiency gains illustrated by a higher increase in the IRR(Internal rate of return) in a Japan-Korea project(11.45% to 12.21%) compared to an IRR incresement of 10.57% to 11.27% for a pure Japanese CDM project. Similar results of a rise in the IRR is found for the whole investment period of 20 years. We can hence conclude that Korean participation in a Japan-China CDM project would improve the implementation possibilities of CDM project in the Northeast Asia region.

  • PDF

A Review of Vessel Traffic and Fishing Activity Standards for Offshore Wind Farm in Domestic Areas Based on the Analysis of Foreign Cases (국외 사례 분석을 통한 국내 해상풍력 발전단지의 선박통항 및 어로활동기준 설정에 관한 고찰)

  • Kwon, Yu-Min;Lee, Chang-Hyun;Rim, Geung-Su
    • Journal of the Korean Society of Marine Environment & Safety
    • /
    • v.24 no.1
    • /
    • pp.29-35
    • /
    • 2018
  • According to the Global Wind Report of the Global Wind Energy Council (GWEC) in 2017, global wind power electricity generation capacity has been dramatically developing from 23,900 MW in 2001 to 486,790 MW in 2016. However, wind power generation in South Korea accounts for only 0.2 % of total power generation. Nonetheless, electricity production by wind power generation is soon expected to reach the grid parity where the cost of generating electricity by wind power is equal to the cost of fossil fuels such as oil. In this study, we analyzed the criteria of vessel traffic and fishing activities of major offshore wind farms in Europe where 88 % of the offshore wind power facilities are located. Finally, we suggest critical considerations based on the analysis.

Control of Industrial Safety Based on Dynamic Characteristics of a Safety Budget-Industrial Accident Rate Model in Republic of Korea

  • Choi, Gi Heung;Loh, Byoung Gook
    • Safety and Health at Work
    • /
    • v.8 no.2
    • /
    • pp.189-197
    • /
    • 2017
  • Background: Despite the recent efforts to prevent industrial accidents in the Republic of Korea, the industrial accident rate has not improved much. Industrial safety policies and safety management are also known to be inefficient. This study focused on dynamic characteristics of industrial safety systems and their effects on safety performance in the Republic of Korea. Such dynamic characteristics are particularly important for restructuring of the industrial safety system. Methods: The effects of damping and elastic characteristics of the industrial safety system model on safety performance were examined and feedback control performance was explained in view of cost and benefit. The implications on safety policies of restructuring the industrial safety system were also explored. Results: A strong correlation between the safety budget and the industrial accident rate enabled modeling of an industrial safety system with these variables as the input and the output, respectively. A more effective and efficient industrial safety system could be realized by having weaker elastic characteristics and stronger damping characteristics in it. A substantial decrease in total social cost is expected as the industrial safety system is restructured accordingly. Conclusion: A simple feedback control with proportional-integral action is effective in prevention of industrial accidents. Securing a lower level of elastic industrial accident-driving energy appears to have dominant effects on the control performance compared with the damping effort to dissipate such energy. More attention needs to be directed towards physical and social feedbacks that have prolonged cumulative effects. Suggestions for further improvement of the safety system including physical and social feedbacks are also made.

Optimization of Radiation Protection Using Markov Model (마코프 모델을 이용한 방사선 방어의 최적화)

  • Chung, Jin-Yop;Lee, Kun-Jai
    • Journal of Radiation Protection and Research
    • /
    • v.14 no.2
    • /
    • pp.1-9
    • /
    • 1989
  • An analytic method for quantitative comparisions between the alternatives for radiation protection optimization is required to aid the decision making process. This paper introduces the dynamic Markov model to evaluate the effect of inservice inspection, testing, and repair activities of the plant on radiation protection. In the example to put the Markov model into practice, the steam generator inspection intervals which minimize expected cost and total exposure dose were determined using the data for Kori-2 unit and foreign plants. The results show that the effect of the radiation exposure on the steam generator inspection interval is determined by the cost rather than the radiation exposure. The Markov model used in the example can be applied easily to the domestic NPPs by replenishing the data and also can be used in evaluating the comparative priority between various alternatives for radiation protection optimization.

  • PDF

Comprehensive Analysis of Major Factors Associated with the Performance of Reverse Osmosis Desalination Plant for Energy-saving (에너지 소모를 고려한 역삼투 해수담수화 플랜트 주요 성능인자 영향 분석)

  • Kim, Jihye;Lee, Kyung-Hyuk;Lim, Jae-Lim
    • Membrane Journal
    • /
    • v.29 no.6
    • /
    • pp.314-322
    • /
    • 2019
  • A worsened drought in Chungnam province of Korea due to climate change and increasing water demand at Daesan industrial complex have motivated the 100,000 ㎥/d seawater desalination project. In this study, therefore, the comprehensive analysis of parameters affecting the reverse osmosis (RO) performance was conducted. Under the various conditions of feedwater salinity and temperature in Daesan, energy consumption was calculated as 2.39 ± 0.13 kWh/㎥. The decrease in membrane flux and recovery rate positively impacted annual operation cost. The average total dissolved solids (TDS) of the permeate and energy consumption with highly permeable membrane according to the membrane manufacturer were 3.84 mg/L and 2.22 ± 0.13 kWh/㎥, respectively. In addition, energy saving up to 0.29 kWh/㎥ or cost reduction of membrane module up to 15.6% is expected by changing the RO configuration from full two pass to partial or split partial two pass.

Quantitative Analysis of Safety Improvement on Smart Roads (스마트도로 안전성 향상 효과의 정량화 연구)

  • Chang, Hyun-Ho;Baek, Seung-Kirl;Oh, Sung-Ho;Kim, Ho-Jeung
    • The Journal of The Korea Institute of Intelligent Transport Systems
    • /
    • v.10 no.4
    • /
    • pp.44-54
    • /
    • 2011
  • Intelligent transport services on smart roads tend to have a problem at the stage of benefit-cost analysis that can not secure economic feasibility of the new services which increase early investment cost on building its infrastructure. It is expected that the number of road accidents, 'Incident/Accident', will decline through various safety services using intelligent safety facilities, intelligent transport management and so on, and that traffic congestion will also decrease. The effect of traffic congestion reduction could be the benefit by safety improvement, however current investment-analysis process in Korea does not appropriate it as a benefit. This study estimated road blocking time with 'Incident/Accident' classification and highway accident data of past three years. It also developed a generalized model by a regression analysis with a microscopical simulation. Furthermore, it suggested necessary units on quantitative analysis in order to make the developed model applicable to investment evaluation. As a result of applying the developed model to Smart-Highway Project, it showed that total safety improvement benefit is about 139 billion dollars over 30 years when it is supposed that accident decreasing rate by smart safety facilities is 10%.

IEEE 802.16j MMR System for cost-efficient coverage extension (비용 효율적 커버리지 확장을 위한 IEEE 802.16j 모바일 멀티-홉 릴레이 시스템)

  • Lee, Ju-Ho;Lee, Goo-Yeon;Jeong, Choong-Kyo
    • Journal of Digital Contents Society
    • /
    • v.14 no.2
    • /
    • pp.191-197
    • /
    • 2013
  • To complete the "anywhere" mobile service there should not be shaded areas. However, it is never economical to deploy BS's (Base Stations) in a low population density area due to the low resource utilization. We propose a design technique to install RS's(Relay Stations) which are cheaper than BS's and find the condition in which the proposed technique is acceptible. The proposed design technique aims to allocate the frequency and time resources to RS's to minimize the transmission rate degradation due to interferences between RS's as well as to maximize the parallelism in transmission. We showed by simulation that the proposed technique achieves cost benefits when the expected traffic is less than 20.32 percent of the total BS capacity. The proposed technique is compatible with the IEEE 802.16j, thus can be extended to multi-hop configuration.

A Study on the Measurement of Impedance in Animal Tissue Using Gold Electrodes (금 전극을 이용한 동물 조직 내 임피던스 측정연구)

  • Kim, Min Soo;Cho, Young Chang
    • Journal of IKEEE
    • /
    • v.25 no.3
    • /
    • pp.445-450
    • /
    • 2021
  • Bio-impedance measurement is a measurement device that can be used to obtain biometric information and diagnose skin diseases using convenience, low cost, and low cost devices. In this study, the bio-impedance was measured using a direct dry gold electrode and a simulation study through animal bio modeling to obtain biometric information in a biometric form. Impedance was measured by inserting electrodes into subcutaneous areas of animal tissue and applying frequencies of 100 uA, 1-100 kHz using a two-electrode method. As a result of the measurement, the resistance of the electrodes is measured high at 5 mm electrodes compared to 7.5 mm and 10 mm electrodes based on 5 mm electrodes. Based on the 5 mm electrode, an average difference of 1.49% was found for the 7.5 mm electrode in the total frequency range, and the impedance difference was confirmed to be 2.624% for the 10 mm electrode. In the future, the research results are expected to be valuable in designing and manufacturing electrodes for bio-inserted electrocardiogram sensors.

Global Financial Crisis and the Monitoring Role of Foreign Investors (글로벌 금융위기와 외국인투자자의 감시자 역할)

  • Rhee, Chang Seop;Chun, Hong-min;Soh, Seung Bum
    • The Journal of the Korea Contents Association
    • /
    • v.19 no.9
    • /
    • pp.233-241
    • /
    • 2019
  • The purpose of this study is to empirically analyze whether the influence of foreign investors from the monitoring role in Korean capital market is observed differently in accordance with the global financial crisis situation. We collected a total of 2,919 firm data from 2003 to 2015 and performed the empirical tests between foreign investor ownership and firms' cost of equity capital separately according to the situation of the global financial crisis. From the empirical results, foreign investors in general were playing a positive function in the Korean capital market by effectively performing the monitoring role for companies. However, we observed that their monitoring role is not effectively performed when the risk level of capital market is maximized, such as during the global financial crisis. The study suggested that the influence of foreign investors may vary depending on the level of risk in the capital market, which is expected to contribute to the market participants and academia.