• Title/Summary/Keyword: Investment Cycle

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Comparative Analysis of Track Ballast Structures based on Value Engineering (가치공학에 기초한 궤도도상구조의 비교분석)

  • Baek, Jae-Wook;Song, Yoo-Seob;Park, Tae-Hyo
    • Proceedings of the KSR Conference
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    • 2007.05a
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    • pp.295-302
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    • 2007
  • The objective of this paper is to evaluate the proposed design by the Value Engineering (VE) analysis for the gravel ballast and the concrete ballast track structures. However, reliabilities about the VE analysis results based on Life-Cycle Cost(LCC) has not been fully benefited from VE implementation due to disregard of basic principles and lack of systematic performance measurement systems. In this paper, the VE analysis using the Delphi survey of professional group is proposed to decide reasonable determinants for investment and alternative design in construction project of railway tracks. Moreover, the efficiency of VE analysis is invested by an application of the developed methodology to track structures.

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A Study on the Application of Life Cycle Cost Analysis for the Urban Transit Vehicle (도시철도차량의 수명주기비용 분석의 적용에 대한 고찰)

  • Chung, Kwang-Woo;Kim, Chul-Su;Ahn, Seung-Ho;Jeon, Young-Seok;Kim, Jae-Moon;Han, Seok-Youn
    • Proceedings of the KSR Conference
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    • 2008.06a
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    • pp.721-732
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    • 2008
  • This paper is concerned with the life-cycle cost(LCC) analysis of the urban transit vehicle. LCC is the core part of analyzing the total cost of acquisition and ownership of a system. LCC in railway industry has been focused on the prediction of investment for railway vehicles. Therefore, to investigate future cost for operation and maintenance in detail, it is necessary to evaluate the LCC of the vehicle systematically. This study is focused on making a fundamental model for estimating the LCC of the urban transit vehicle. To develop a appropriate LCC model, we broadly analyzed specs and standards and compared the LCC model developed in other country. Moreover, this paper proposes strategies to develop an unique LCC model for the urban transit vehicle.

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An Economic Measures of the Renewable Energy considering Environmental Costs (환경비용을 고려한 재생에너지의 경제성 분석)

  • Lee, Gwan-Ho
    • Journal of the Korean Solar Energy Society
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    • v.24 no.3
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    • pp.93-100
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    • 2004
  • This study aims to presents the applicability of economic measures for renewable energy The basic principle and method of economic analyses were investigated and total life cycle cost considering environmental costs according to $CO_2$ generation. In case study, adaptation of new small wind power system to buildings were proved to produce a profit if it is considered the environmental cost and increment of energy prices. And so the economic measures can be used not only for the investment decisions for economic analysis but also for the comparative analysis of environmental cost and economic profits.

A Study on Sensitivity Analysis of Life-Cycle Cost of Concrete Bridges (콘크리트 교량의 생애주기비용 민감도 분석)

  • Koo, Bon-Min;Byun, Kuen-Joo;Song, Ha-Won
    • Proceedings of the Korea Concrete Institute Conference
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    • 2004.11a
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    • pp.773-776
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    • 2004
  • The so-called Life Cycle Cost (LCC) analysis on reinforced concrete bridge can provide useful information for initial design and maintenance plan of the RC bridge. This paper proposes an LCC prediction equation and a sensitivity analysis method for RC bridges. An LCC equation for the RC bridge which includes initial investment cost, maintenance cost, and demolition cost was derived and verified from the data for design and construction of an RC slab bridge. In order to solve uncertainty problem on actual discount rate and material characteristics in the analysis of LCC of concrete bridges, a sensitivity analysis method on the LCC using the Monte Carlo simulation technique was suggested.

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A Study on the Evaluation of the Efficiency in the Costs of the Remodeling (개보수 대상 건물의 비용 측면에서의 효율성 평가에 관한 연구 - 바닥 마감재를 중심으로 -)

  • Kim, Sang-Yong;Jung, Byung-Woo;Kang, Kyung-In
    • Journal of the Korea Institute of Building Construction
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    • v.3 no.4
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    • pp.129-134
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    • 2003
  • The purpose of this study is to evaluate efficiency by the Life Cycle Cost(LCC) analysis of floor covering materials for remodeling. This study has been performed as a case study. The LCC analysis is a technique which takes account into both initial-future costs and benefits of an investment over some period of time. LCC is important in commercial decision making because it provides improved assessment of the living-term cost effectiveness of construction projects as well as alternative economic methods that focus on initial costs. For LCC analysis and comparison, the present value technique is used. The results of this study are summarized as follows; (1) A LCC analysis model of floor covering materials is suggested through a case study (2) As a result of LCC case study, the type of sheet is analysed more economical than that of tile in floor covering materials.

Fuel Conversion to Renewable Energy Analysis of the Impact on the Horticulture in the Agricultural Sector -Mainly Wood Pellets- (농업부문에서 신재생에너지로의 연료전환이 시설원예에 미치는 영향 분석 -목재펠릿을 중심으로-)

  • Yoon, Sung-Yee;Kim, Tae-Hoon
    • Korean Journal of Organic Agriculture
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    • v.22 no.4
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    • pp.531-547
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    • 2014
  • This study analyzed the effect of Greenhouse of wood pellet fuel conversing from Diesel. Analyzed through a life cycle assessment of greenhouse gas emissions of carbon dioxide for the environmental assessment, In evaluation of the Ministry of the Environment, analyzed through the life cycle assessment of carbon dioxide emissions of the greenhouse gas and, In the case of economic evaluation, we analyzed the investment payback period to the total revenue generated by each of the calculated incentive based on the RHI and institutions reduction projects a reduction of costs associated with the reduction of fuel costs.

Cost Analysis of Vertical Greenery in Urban Complex

  • Dong, Nannan;Huang, Fang
    • International Journal of High-Rise Buildings
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    • v.10 no.1
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    • pp.29-34
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    • 2021
  • Vertical greenery has become an important technological means to improve the ecological environment condition in urban high-density areas, especially in central areas of Chinese cities. The cost of vertical greenery has significantly increased both in the decision-making process of architectural design and in the assessment of the sustainability potential of urban complexes. The estimation and evaluation of the cost of vertical greenery have become important obstacles to multi-party investment in the construction of vertical greenery. Considering the factors of the building typology and full life-cycle cost, this paper constructs an assessment model of vertical greenery in seven types in urban complex, and suggests an optimized approach to vertical greenery in an urban complex.

Corporate cash holdings and life-cycle (기업현금과 라이프사이클)

  • Jo, Kyeong Je;Song, Joon Hyup
    • Journal of the Korean Data and Information Science Society
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    • v.28 no.5
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    • pp.1109-1123
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    • 2017
  • This paper examines there is any differences among determinants of cash holdings and marginal value of cash depending on the life-cycle of firm. To accomplish these objective, we collect financial and market data of KRX listing firms for a period of 2001-2013. We present evidence of significant effect of life-cycle on the cash holdings determinants and marginal value of cash. Specially, the effect of investment opportunity related variable are varies through life-cycle. The results also suggest that marginal values of cash in the introduction stage and exit stage is higher than those in other stages. Overall, this means that the motive of cash holdings in Korean firms is weak. and shareholders place different value on a firm's cash holdings depending on the life-cycle.

Quay Crane Dual-cycle Plan considering Yard Tractor waiting time (야드 트랙터 대기시간을 고려한 크레인 듀얼 사이클 계획)

  • Chung, Chang-Yun;Shin, Jae-Young
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2009.10a
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    • pp.220-221
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    • 2009
  • One of the important performance measure for productivity at container terminals is the working productivity in the quay. working scheduling of quay cranes (QCs) gives a significant impact on the quay working productivity. The recent managers of the terminals pay high interests in equipment investment and operation methods with a new concept in order to enhance the quay working productivity. The double cycle or dual cycle, which is a method to increase the quay productivity with no application of new equipment, but with the change of operations, has been received strong attention in academic research. The majority of studies until this time has been realized the quay work as the bottleneck and focused on those works. However, if the QCs do notver, it the Cs d-trotver,(CT) if t the Cs, there would be the pos ibilf tes that the effectiveness of them is decreasedveaused by the longer, if t the Cs. Thus, this paper, suggests the solutions on the con th scheduling for the dual cycle operation considering the YT.

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A Time Lag Analysis of R & D Effect ell Total Factor Productivity in Information and Communication Industry (시차분석을 통한 정보통신산업 연군개발투자가 총요소생산성에 미치는 효과 연구)

  • Lee, Kyung-Suk;Park, Myeong-Cheol;Lee, Duk-Hee
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.31 no.2B
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    • pp.154-163
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    • 2006
  • The importance of R & D investment has dramatically been increased as industrial paradigm rapidly changes to knowledge-based economy. In order to preserve recent economic growth and reinforce competitive advantage, government policy and regulatory framework needs to be reshaped in ways that minimize the distorted use of limited resources and maximize the efficiency of R & D investment. In this regards, this paper aims to investigate the influence of R & D investment in national economic growth and to compare the effectiveness of IT R & D investment with other industries, in respect to the time lag.