• Title/Summary/Keyword: Investment Cycle

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A Case Study on the Regional Agricultural Cluster at Asan Area (지역농업 클러스터의 추진사례에 관한 연구 - 아산시 자원순환형 친환경지역농업 클러스터를 중심으로 -)

  • Kim, Ho
    • Korean Journal of Organic Agriculture
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    • v.17 no.4
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    • pp.463-481
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    • 2009
  • Regional Agricultural Cluster(RAC) at Asan area has been formed with Purundeul farming union corporation(Purundeul) as the center from the year 2005. Originally, RAC has been proceeded by Ministry for Food, Agriculture, Forestry and Fisheries (MFAFF) all over the nation from 2005. This RAC has helped Asan area to establish the foundation of environmentally friendly agriculture(EFA) searching for nutritional cycle. This also made jumping age turn developing age in EFA at Asan area. The number of Purundeul producer members was 386 farmers in 2008. Purundeul introduced organic livestock farming(Korean beef cattle; Hanwoo) for proceeding EFA searching for nutritional cycle in 2007, and had 719 cattle at the end of March 2009. Feedstuff materials for organic livestock is mostly produced from seeding farming by-products within Asan or the country. Asan RAC had built factories for feedstuff producing and beef processing with producers' investment.

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A Research the Optimal Plant Life Cycle using Case Study (사례를 통한 최적 라이프 사이클에 관한 연구)

  • 심종칠;김창은;고용해
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.18 no.34
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    • pp.83-89
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    • 1995
  • We call as plant life cycle the process starting from plant plan, design to disuse by way of construction, operation, but the plant facility inside it comes to changes of cope with various inner factor like blazing phenomenon and outer factor according to economic state. On the presumption of these factors, the problem is brought about how plant should be managed, this study attempt to suggest the conservation management through economic evaluation in investment design and alternative, that is, methodology connecting that of economical efficiency evaluation based on LCC(Life Cycle Costing) thinking method and facility management with that of life prediction.

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Optimum Design of a Heat Recovery Steam generator(I) (열회수 증기발생기의 최적설계에 대한 연구(I))

  • 신지영
    • Journal of Advanced Marine Engineering and Technology
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    • v.23 no.5
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    • pp.670-678
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    • 1999
  • Heat recovery steam generator(HRSG) is a principal component of the combined cycle power plant (CCPP) which utilizes the waste energy of the gas turbine exhaust gas. A design of the HRSG is a keypoint to achieve high cycle efficiency with competitive cost. This paper presents a brief review on the design of a HRSG which covers the basic design parameters and their effects on the performance and the investment cost. Finally the concept of the optimum design point is presented according to the selection of a pinch point temperature difference and a steam pressure as an illustrated case.

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Evaluation Life Cycle Management Model on the Basis of Result to Evaluate Information Systems (정보시스템 평가를 위한 결과 기반 평가생명주기 모형 설계)

  • Lee, Sangwon;Kim, Sunghyun;Park, Sungbum;Ahn, Hyunsup
    • Proceedings of the Korean Society of Computer Information Conference
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    • 2014.07a
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    • pp.93-94
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    • 2014
  • Enterprises or public organizations have invested in development of their information systems and operated them repeatedly. Since these information systems projects have unique characteristics such as technology sensitiveness, network effectiveness, embeddedness, and externality, these investment projects have been not taken care of in the field of administration and evaluation. And then, it is difficult to manage and monitor them. In this research, we propose a evaluation life cycle management model on the basis of result to evaluate information systems. This life cycle model with ten stages would furnish a guide to introduction of total evaluation systems.

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A Study on the Economic Analysis of LNG Combined Cycle Thermal Power Plant in Cost Based Pool Electricity Markets (변동비반영 발전경쟁시장에서 LNG-복합 화력발전소의 경제성 분석에 관한 연구)

  • Lee, Cheon-Ho;Han, Seok-Man;Chung, Koo-Hyung;Kang, Dong-Ju;Kim, Bal-Ho H.
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.57 no.8
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    • pp.1327-1333
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    • 2008
  • Since Cost Based Pool markets has been continued to power markets, Genco. needs economic analysis about investment in power plants. Particularly most Private Genco.s have presently a construction plan about LNG combined cycle thermal power plants. In this paper, we propose a economic analysis method of LNG combined cycle thermal power plants using Economic Dispatch and Optimal Power Flow in CBP markets. Also we develope computation model using it for decision making to build a plant. This method can consider a variation of power facility like power plants and transmission lines in CBP markets. Finally, this dissertation provides a relevant case study to confirm the effect of cost factor to economical efficiency.

Report on VE & LCC (Value Engineering, Life Cycle Cost) Technics Introduction about the Electric Power Equipment (전력시설물에 대한 VE 와 LCC기법 도입에 관한 연구)

  • 김상직;장우진
    • Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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    • 2003.11a
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    • pp.81-86
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    • 2003
  • Recently the introduction of VE & LCC techniques for large size electric power facilities be achieved in various kinds form, of and tends to evaluate to the beginning investment cost when think about cost of electric power facilities usually, but must consider all life cycle cost (maintenance cost, repair cost, improvement cost, operation cost, electric power cost etc.). This treatise applies design techniques that consider copper loss related by voltage drop at power supply of long distance in trunk design and all life cycle cost techniques

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Kalecki's Investment Theory and Monetary and Financial Factors (칼레츠키 투자이론과 화폐·금융변수)

  • Cho, Bokhyun
    • 사회경제평론
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    • v.29 no.1
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    • pp.119-154
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    • 2016
  • Kalecki thought that monetary and financial factors play very important roles in the processes of investment decision and expenditure. He also acknowledged that interest rate is monetary phenomenon and investment finance is provided by banks prior to savings as Keynes did, and suggested that the more is the debt, the greater is the risk of debtor and lender. However, in developing investment theory he dismissed those monetary and financial factors or substituted into actual profit or savings, because he aimed to construct the investment theory to be able to explain the 'automatic mechanism of the fluctuation of capitalist economy'. Thus it is argued that Kalecki did not consider the monetary and financial factors in his investment theory. This paper aims to modify Kalecki's investment theory so that it incorporates the monetary and financial factors, such as the willingness of banking system to lend, interest rates, the ratio of leverage which had been dismissed by him. The Kaleckian investment theory that incorporates the monetary and financial factors in Kalecki's theory of investment allows us to explain not only an automatic and regular business cycle, but also irregular excessive investment and high leverage, consequent risk increase and financial crisis occurred in the economy with developed financial system.

The Optimal Inventory Modeling and The Cost Sensitivity Analysis with Reducing Inventory Investment (재고투자 감축에 따른 재고모형과 비용 감도 분석)

  • Kwon, Hee-Chul
    • Journal of Digital Convergence
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    • v.11 no.12
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    • pp.265-274
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    • 2013
  • The business cycle during a recession leads to negative effects on raising funds and operations management of company. In particular, the company with many inventories in the recession causes liquidity problem. Which leads to frustration in the competitive strategy management. In this case the company experiencing cash or liquidity problems attempts to reduce its investment in inventory. However, reducing inventory investment makes problems to increase inventory operating costs. This paper presents sensitivity of total cost compared to the size for reducing inventory investment. This will guarantee the relevance of the reducing inventory investment. Optimal Inventory levels also may be required to be less than the optimal levels without reduction on inventory investments.

R&D Investment Effect through Patent on IT firms using Panel Structural Equations (패널구조방정식을 활용한 IT기업의 R&D투자효과 연구: 특허 매개효과 중심으로)

  • Lee, Jongho;Kim, Tae Hwan;Jung, Woo-Jin
    • Knowledge Management Research
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    • v.21 no.1
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    • pp.137-150
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    • 2020
  • This study analyzes not only the direct impact of R&D investment on corporate growth for 578 private firms in 2007-2016, but also whether corporate innovation activities play a role as a mediating parameter between R&D investment and corporate growth. For this purpose, we classify companies into IT and non-IT companies and measure the mediating effect by dividing innovation activities into the number of registered patents, applied patents, and sum of them. In addition, this study is based on both the systemGMM which is considered to be effective in solving the endogenous problems caused by the cross-sectional analysis in previous studies and ML-SEM which is a new method recently, and then compares two results. According to the empirical results, innovation activities has a role as partly mediating parameter on sales growth in non-IT companies. On the other hands, in IT companies, the increase in R&D investment leads to a decrease in sales of the company, and the increase in innovation activities increases the sales of the company. However, it was confirmed that IT companies also had positive effects by adjusting the lag of the R&D. In other words, this suggests that securing patents is more important than R&D investment for direct sales growth of IT companies. It is also evidence that immediate introduction of technology is necessary to respond to the speed of technological change since the cycle time of technologies of the IT field is relatively shorter compared to that of other fields.

From a Developmentalist Welfare State to a Social Investment State: A Case Study of Japan (발전주의 복지국가에서 사회투자국가로: 일본 사례를 중심으로)

  • Kwon, Soon-mee
    • 한국사회정책
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    • v.25 no.1
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    • pp.231-257
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    • 2018
  • Japan has generally been considered as the developmentalist welfare state. However, Japan has recently been transformed into a social investment state. Although it still has a developmentalist characteristics with its institutional path dependence, the new social and economic challenges derived from the new social risks such as low birth rates and aging population forced Japan to adopt a new welfare state strategy. The paradigm shift in terms of welfare state strategy was launched by the Third Way positioning of the Democratic party government and succeed to the Second Stage of Abenomics under the Third Abe Cabinet. This paper argues that the welfare state paradigm shift towards a social investment state in Japan is not limited to the Japan's Plan for Dynamic Engagement of All Citizens for a virtuous cycle of growth and distribution, but expands its scope to include the work-family balance policies such as labor market activation for women and public caring for children.