• Title/Summary/Keyword: Feasibility evaluation

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The Comparative Study of the relationship between Technology Valuation Index and performance in Ventures (기술평가지표와 기업성과의 관계비교분석 -초기중소벤처와 성장중소벤처-)

  • Yang Dong-Woo
    • Journal of Korea Technology Innovation Society
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    • v.8 no.3
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    • pp.1175-1198
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    • 2005
  • The objective of the study is to verify the relationship between technology valuation indexes and corporate's performance in ventures by business operating periods. The result of the study is expected to be useful in loan evaluation, investment decision, internal management decision making and business improvement. The results of study is as follows. First, in early stage ventures, we find that three major valuation index(technology feasibility, economic efficiency, productivity) are significant ex-ante variables which are discriminating between firms' going concern and firms' failure. Second, in growth stage ventures, we find that three major valuation index(business feasibility, general marketability, technology marketability) are significant ex-ante variables which are discriminating between firms' going concern and firms' failure. Third, in early stage ventures, we find that at least thirty-eight minor valuation index elements are significant ex-ante variables which are discriminating between firms' going concern and firms' failure and in growth stage ventures, thirty-one minor valuation index elements are significant in various analysis' results.

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Feasibility Study on the New Structure of a Spindle Motor for Hard Disk Drive

  • Kim, Tae-Woo;Chang, Jung-Hwan
    • Journal of international Conference on Electrical Machines and Systems
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    • v.2 no.3
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    • pp.295-299
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    • 2013
  • This paper presents the new structure of a spindle motor for hard disk drive (HDD). It can produce axial force as well as torque without a pulling plate or a pulling magnet required for the normal operation of a hydrodynamic bearing in rotating-shaft structure. The proposed models have different air gap length along the axial direction by changing the thickness of permanent magnet (PM). One has a single slope and the other has double slopes on the surface of PM. For the design of the proposed models, variables are defined and its effects on the motor performances are investigated by 3-demensional finite element analysis (FEA). The equi-performance curves are investigated for the main characteristics of the spindle motor such as generated torque, axial force and torque ripple ratio. The validity of the proposed models is verified by the feasibility study and performance evaluation.

A Preliminary Evaluation of the Economic Feasibility for Building a Multi-purpose Large Oil Spill Response Vessel in South Korea (우리나라 다목적 대형방제선 건조의 경제적 타당성에 관한 예비평가)

  • Chang, Woojin;Pyo, Heedong
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.22 no.4
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    • pp.354-361
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    • 2016
  • While the amounts of oil spill caused by the VLCC Hebei Spirit indicated 2.5 times more than that of the VLCC Sea Prince, the economic, environmental, and social damages derived from the Hebei Spirit spill were estimated to be about 30 times greater than those from the Sea Prince incident. This study consolidates the appropriate justification for building a multi-purpose large oil spill response vessel to allow swift and efficient handling of catastrophic marine pollution events through an analysis of technical and economic feasibility of such a project. The result of the technical feasibility analysis illustrates that a hopper dredge and oil spill response vessel with a capacity of 4,000 tons should be more appropriate. The result of the economic feasibility analysis indicates that under the most conservative estimates the project appears to be slightly impractical, with a benefit/cost ratio of 0.82, in which self-help efforts, however, can facilitate the project. And medium to optimistic estimates present benefit/cost ratios are estimated to be 2.72 and 5.82 respectively, representing apparent economic feasibility.

A Technical and Economic Evaluation of Cobalt-rich Manganese Crusts (심해저 망간각 개발의 경제성 평가)

  • Park, Se-Hun;Yang, Hee-Cheol
    • Ocean and Polar Research
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    • v.31 no.2
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    • pp.167-176
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    • 2009
  • Cobalt-rich manganese crusts on seamounts have received an increasing amount of attention as future resources for Co, Ni, Cu, and Mn. A dearth of detailed information regarding the relevant distribution characteristics, mining technologies, and ore processing technologies, however, has precluded potential evaluations of the technical and economic advantages of these crusts. In the past 4 years, Korea has undertaken a survey of the cobalt-rich manganese crusts in and around the Magellan Seamount and Mid-Pacific Mountains. This paper introduces the preliminary feasibility study of the distribution features and R&D results centered around the development of the cobalt-rich manganese crusts. The evaluation model was developed by modifying the model for the manganese nodules. In addition to considering the geological and geophysical differences between the manganese nodules and the cobalt-rich manganese crusts, an ore dressing subsystem was installed in the model. The mining subsystem is composed of a self-propelled collector--a pipeline with submersible hydraulic pumps for crust lifting. The smelting and chlorine leach method was selected for metallurgical processing. The production scales were established at 2,500t/y of cobalt metal. The production of three metals--cobalt, nickel, and copper--was considered in terms of metallurgical processing. The economic feasibility analyses demonstrated that the payback period was 11.4 years, the NPV was 36M$, and the IRR was 9.6% with the economic factors in the case of a cobalt price of US$ 25/lb. It was also demonstrated in this study that the payback period was 8.6 years, the NPV was 154M$, and the IRR was 14.0% in the case of a cobalt price of US$ 30/lb. This indicates that the approach under consideration appears to offer greater potential given the predicted metal prices.

Hydrogen Refueling Stations Improving Safety and Economic Feasibility (안전성과 경제성이 개선된 수소충전소)

  • YunSil Huh;DongHoon Lee;Yongjin Chung;Yongchai Kwon
    • Korean Chemical Engineering Research
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    • v.61 no.4
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    • pp.611-618
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    • 2023
  • The purpose of the refueling protocol and the contents of SAE J2601, which is used as the basis for hydrogen vehicles refueling around the world, were investigated, and research contents related to domestic protocols were also investigated. In addition, the components of the hydrogen refueling performance evaluation device developed in Korea and the method for evaluating the performance and safety of hydrogen refueling stations were reviewed. And, the result were analyzed by applying it to the hydrogen refueling stations currently operating in Korea. In addition, an economic feasibility analysis was conducted using data collected from domestic hydrogen refueling stations. In order to secure the safety and economy of a hydrogen refueling station, the protocol must be satisfied, and in order to satisfy the protocol, it is necessary to evaluate whether the refueling temperature, refueling pressure, and refueling flow are controlled within a safe range.

Basic Study on Enhancement of Recreational Forest Designation Criteria - A Case Study of Gwangju-si, Gyeonggi-do - (자연휴양림 지정평가기준의 개선방향도출을 위한 기초연구 - 경기도 광주시의 사례를 중심으로 -)

  • Lim, Eun-Hee;Yeom, Sung-Jin
    • Journal of Environmental Science International
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    • v.29 no.6
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    • pp.643-658
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    • 2020
  • Recent economic and income growth in Korea has caused people to seek healthier and happier lives. Forests are seen as spaces that provide tourism and recreation. The Korea forest service and local governments are developing and designating recreational forests but previous studies on the subject have only covered customer satisfaction and how forests are used. As such, the current study aims to find issues with designation criteria for recreational forests used by Gwangju city in Gyeonggi province and suggest improvements to the system. Site E was deemed the most adequate in evaluations of five candidate site. The criteria used in the evaluations were problematic due to (1) a lack of differentiating power in evaluation items, (2) blanket coverage of score ranges, (3) a lack of additional points for special sites, and (4) unclear evaluation indices. Based on the identified issues, the current study suggests introducing additional points and clearly detailing evaluation indices and items to enhance the evaluation of recreational forest candidate sites.

An Efficient Economic Evaluation Method for Remodeling Project (리모델링 프로젝트의 효율적 경제성 평가방안)

  • Kim Kyoung-Joong;Woo Kyoung-Sub;Park Chan-Sik
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.261-266
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    • 2001
  • Recently, remodeling has been introduced in the domestic construction industry as an alternative new construction. Its economic evaluation is the essential part of remodeling business. Therefore, this study has the purpose of presenting the method that is able to evaluate the actual value in the market. And this method can compare before & after value of remodeling in feasibility study. For this, this study reviews economic evaluation methods in construction and real estate fields and analysis their problem and merits & faults. With those facts, this study makes a mixed economic evaluation method that can be used in construction and real estate fields.

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Improvement of Beam-Quality Evaluation Method for Medical Linear Accelerator Using Magnetic Field

  • Kim, Jeongho;Han, Manseok;Yoo, Sejong;Kim, Kijin;Cho, Jae-Hwan
    • Journal of Magnetics
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    • v.20 no.2
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    • pp.120-128
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    • 2015
  • Beam-quality of medical linac evaluations vary by diverse factors. Because conventional beam-quality evaluation methods yield fragmentary results, a new beam-evaluation method is suggested, and its feasibility is evaluated. The PDDs (percentage depth doses) of 6 MV (Mega-voltage) and 10 MV photon, R (Range) of a 6 MeV (Mega Electron-voltage) and 9 MeV electron were measured and compared with the conventional evaluation methods, and the improved methods $PDD^{10}{_5}$, $PDD^{20}{_{10}}$, $PDD^{30}{_{20}}$, $PDD^{20}{_5}$, $PDD^{30}{_{10}}$, and $R^{70}{_{50}}$, $R^{50}{_{30}}$, $R^{70}{_{30}}$ as the magnetic field of the bending magnet was changed to +2% to -2%, and the results were compared. The comparison showed that the improved methods exhibit a higher discrimination than the conventional methods in each energy regime. $PDD^{10}{_5}$, $PDD^{30}{_{20}}$, $PDD^{30}{_{10}}$ and $R^{70}{_{50}}$, $R^{50}{_{30}}$ should be applied. These methods exhibit a higher discrimination in each energy regime than conventional beam-quality evaluation methods; therefore, they should be used for beam-quality evaluation according to the magnetic field variation.

A study to improve the national technical qualification practical evaluation method of National Competency Standards in the field of organic agriculture

  • Hyun-Ho, Jang;Taek-Keun, Oh;Jwakyung, Sung
    • Korean Journal of Agricultural Science
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    • v.48 no.4
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    • pp.855-863
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    • 2021
  • The purpose of this study is to suggest an improvement plan for the National Technical Qualification Practical Evaluation focusing on National Competency Standards. First, in order to strengthen practical techniques such as field abilities and expertise, practical evaluation methods were applied to the National Competency Standards, referring to a learning module focused on field performance. Second, an expert advisory committee in the field of organic agriculture was utilized to compare, analyze, and match the competency unit and competency unit elements of the National Competency Standards with the national technical qualification examination standards in field of organic agriculture. In addition, in order to identify work in progress in the industrial field, share professional practice skills, and analyze facilities and equipment, we visited an organic agriculture industry site. Through this, a practical evaluation exam was developed. Subsequently, in order to confirm the adequacy of the developed exam, the pilot test assessment was conducted for those majoring in organic agriculture. Finally, as a feasibility study, a survey was conducted. Based on the results, greater technical job competency in the field of organic agriculture will contribute to strengthening knowledge in this field by suggesting an improvement plan for the national technical qualifications practical evaluation method in the field of organic agriculture.

Evaluating The Validity of the Contents of the Separation of Prescribing and Dispensing roles Policy (의약분업 정책내용의 타당성 평가)

  • Lee, Sun-Hee;Jung, Sang-Hyuk;Lee, Hye-Jean;Koh, Kwang-Wook;Park, Si-Woon;Shin, Eui-Chul;Chung, Woo-Jin;Hwang, Jin-Mee
    • Korea Journal of Hospital Management
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    • v.8 no.4
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    • pp.121-148
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    • 2003
  • This study is designed to evaluate the contents of the separation of prescribing and dispensing roles(SPD) policy based on the theoretical backgrounds. The results are as follows; Considering the purpose of SPD policy, 'increasing the efficiency in manpower management by separating the role of medical doctor and pharmacist and improving the quality of SPD service through specialization of function' as a policy objective is valid and very important agenda in health care. But the objectives are not working well by no keeping the detail means to actualize it. Also, some policy objectives are unclear or inappropriate and it makes the focus of that policy obscure or misleads inadequate policy alternatives. In terms of means of policy, it is evaluated to have some limits in effectiveness, efficiency, equity, rationality, technical feasibility, economic feasibility, administrative feasibility, social and time feasibility. In conclusion, it's necessary to investigate the some problem mentioned in this paper with empirical evidence. Also, it should be needed to improve the validity of policy by correcting policy objectives and means in execution of policy.

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