• Title/Summary/Keyword: Lease Charge

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Developing a Standard Costing Model for a Container Terminal - A Case Study for to PECT and GCT - (컨테이너부두의 표준원가모델 구축)

  • 임종길;한국해상교통정책연구소연구위원
    • Journal of Korean Port Research
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    • v.13 no.2
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    • pp.279-288
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    • 1999
  • This paper is concerned with developing a standard costing model based on the case study of PECT and GCT in order to improve operation efficiency and design business strategy. In doing so the model can be a useful tool to analyze current calculation system of lease charge at the two terminals and to judge whether the level of lease charge currently applied to them is justifiable for thier profitability.

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Criteria for Determining Working Area and Operating Cost for Long-Term Lease of Agricultural Machinery

  • Shin, Seung Yeoub;Kang, Chang Ho;Yu, Seok Cheol;Kim, Yu Yong;Noh, Jae Seung
    • Journal of Biosystems Engineering
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    • v.40 no.3
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    • pp.178-185
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    • 2015
  • Purpose: This research suggests a method of establishing criteria for working area and operating cost for a long-term lease of agricultural machinery. Methods: Eight crops were selected-three food crops and five open-field vegetables-and agricultural machines used for sowing, transplanting, and cultivation in dry-field farming were analyzed. Results: The break-even acreage for agricultural machinery under a long-term lease was found to differ by agricultural machine, ranging from 1.0 to 5.8 ha. In terms of arable land area, the break-even acreages for harvesting machinery and transplanters were 15.6 to 26.1 ha and 6.1 to 8.6 ha, respectively. The working area lessees should secure was divided into two cases: (1) 2.0 to 11.6 ha when leasing individual agricultural machines (sowing and transplanting) for a long-term period, and (2) more than 10 ha when farmers who cultivate beans, potatoes, garlic, onions, and so on lease sowing and transplanting machines as a set. When agricultural machinery was leased for a long term, the operating cost and working time were reduced by 27.6 to 74.4% and 2.5 to 21.6%, respectively, indicating considerable effect. Conclusions: A long-term lease project needs to be promoted to overcome the limitation of short-term leases of agricultural machinery. The local government should lead this project and facilitate the mechanization of dry-field farming. The department in charge of agricultural machinery lease projects needs to set the working area to cover the rate and maintenance cost for farmers who lease agricultural machinery for the long term.

Developing a Standard Costing Model for a Container Terminal and Their Profitability Analysis case study of with reference to PECT and GCT (컨테이너부두의 표준원가모델 구축 및 운영수지분석)

  • 임종길;이태우
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 1999.10a
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    • pp.19-33
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    • 1999
  • This paper is concerned with developing a standard costing model based on the case study of PECT and GCT and analysing their profitability in order to improve operation efficiency and design business strategy. In doing so, the model can be a useful tool to analyze current calculation system of lease charge at the two terminals and to judge whether the level of lease charge currently applied to them is justifiable for their profitability. This paper also deals with break-even analysis of container terminal operating companies on the basis of the model and forecast of their profitability. On the top of that, it tries to look into the arguments and to suggest proposals for improving their profitability.

A Study on the Calculation of Construction Costs and Their Annual Equivalent Recovery at PECT and GCT (컨테이너부두의 건설원가와 연간투자비 회수에 관한 연구)

  • 이태우;임종길
    • Journal of Korean Port Research
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    • v.14 no.2
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    • pp.165-173
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    • 2000
  • Major factors that are considered to determine lease charges of container terminals are, among others, construction cost of berth, discount rate, financing cost, and size of annual equivalent recovery. This paper aims to calculate construction costs at PECT and GCT and their annual equivalent recovery on the basis of historical data, and to identify whether or not the relationship of the above result and current lease charges at the two terminals are justifiable.

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A Study on the Calculation of ConstrucitIon Costs and Their Annual Equivalent Recovery at PECT and GCT (컨테이너부두의 건설원가 및 연간투자비 회수액 산정에 관한 연구)

  • 이태우;임종길
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 1999.10a
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    • pp.11-18
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    • 1999
  • Major factors that are considered to determine lease charges of container terminals are, among others, construction cost of berth, discount rate, financing cost, and size of annual equivalent recovery. This paper aims to calculate construction costs at PECT and GCT and their annual equivalent recovery on the basis of historical data, and to identify whether or not relationship of the above result and current lease charges at the two terminals are justifiable.

Effects of Incentive System of the District Unit Plan on the Apartment Housing Market in MetropolitanCitiesandRuralCities (대도시와 중소지방도시에서 공동주택시장에 적용가능한 지구단위 계획의 인센티브 적용에 환한 인구)

  • Kim, Jee-Hoon;Han, Kyu-Hwan;Kim, Kwang-Kuk;Hwang, Jee-Wook
    • Journal of The Korean Digital Architecture Interior Association
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    • v.8 no.1
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    • pp.15-21
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    • 2008
  • The district unit planning (DUP) in Korea is a planning instrument. One of the key methods is the incentive system focused on the mitigation of the financial charge of business proprietors with use of various planning deregulation. Here in this paper, it is examined whether the incentive system is indiscriminately applied not only in the metropolitan cities but also in the rural cities. The analysis is carried out with six indicators in relation to the effect on the incentive system on the market of Apartment Housing Development. The indicators are a. the building-to-land ratio(BLR), b. the floor area ratio(FAR) c. the publicly assessed value of land(PAVL), d. the sale price of land(SPL), e. the sale/lease price of apartment house(SLPH) and f. the ratio of housing subscription(RHS). The final result is that the incentive system has different effects between metropolitan cities and rural cities. One of reasons lies on the too high FAR in rural cities to be given basically. Another reason lies on the difference between the cost for purchasing public installation and the profit of the sale & lease price of apartment house. In rural cities their difference becomes much narrow. Finally, the low ratio of housing subscription(RHS) in rural cities makes the effect of the incentive system nearby meaningless.

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Mobile Access Network Design (이동통신 액세스망 설계)

  • Kim, Hu-Gon;Paik, Chun-Hyun;Kwon, Jun-Hyuk;Chung, Yong-Joo
    • Korean Management Science Review
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    • v.24 no.2
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    • pp.127-142
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    • 2007
  • This study deals with the optimal design of mobile access network connecting base stations(BSs) and mobile switching centers(MSCs). Generally mobile operators constitute their access networks by leasing communication lines. Using the characteristic of leased line rate based on administration region, we build an optimization model for mobile access network design which has much smaller number of variables than the existing researches. And we develop a GUI based optimization tool integrating the well-known softwares such as MS EXCEL. MS VisualBasic, MS PowerPoint and Ip_solve, a freeware optimization software. Employing the current access network configuration of a Korean mobile carrier, this study using the optimization tool obtain an optimal solution for both single MSC access network and nation-wide access network. Each optimal access network achieves 7.45% and 9.49% save of lease rate, respectively. Considering the monthly charge and total amount of lease line rate, our optimization tool provides big amount of save in network operation cost. Besides the graphical representation of access networks makes the operator easily understand and compare current and optimal access networks.

A Survey on the Persons in Charge for Economic Estimation Analysis and Improvement of BTL Projects (BTL사업의 경제성 평가 현황조사 및 개선을 위한 실무자 설문조사연구)

  • Lee, Chun-Kyong;Cho, Bong-Ho;Park, Tae-Keun
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.4
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    • pp.73-80
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    • 2007
  • As BTL(Build-Transfer-Lease) private investment business benchmarking PHI(Private Finance Initiative) of USA and Japan is introduces to Korea since 2005, as a part of supplying high leveled public service and early expanding required facilities for SOC, Value for Money on private investment business from treasury investment business at the beginning gets to be needed. Accordingly, this survey has been conducted in order to analyse BTL projects status, propriety of economic analysis method(VFM analysis, calculation of estimated business expenses, valuation of bidding price, etc.) by business advance phases from the viewpoint of person in charge, necessity of improvement and alternative plants. As the result of conducting cross tabulation analysis and correlation analysis by occupational group, BTL project advance phases and alternative plans for improvement, it is necessary ye prepare standardized service level against business expense and basis for calculating and evaluation operation expenses. Based on the necessity of quantitative analysis (LCC analysis) of VFM, standard for calculating management, maintenance and administration expenses is required. In addition, reliable economic valuation system considering domestic BTL environment should be setup, for business efficiency.

Indicator of Facility Performance Evaluation (FPE) for Educational Facilities of BTL Projects

  • Lee, Kwan-Jong;Lee, Chun-Kyong;Park, Tae-Keun
    • Architectural research
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    • v.14 no.1
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    • pp.35-44
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    • 2012
  • Build-Transfer-Lease (BTL) was introduced to the domestic construction market in 2005. Now, seven years later, the BTL model is most active for educational facilities. In 2011, 93 educational facility projects entered the maintenance stage. Considering the characteristics of today's BTL projects for educational facilities, the main issues are the initial performance and maintenance of educational facilities and the service-providing status for the 20-year operational management period, in relation to providing safety and convenience to students, the facility users. Seeking a solution, local education offices and departments in charge of BTL under the Ministry of Education, Science, and Technology have been exploring various methods of evaluating operational maintenance performance from various perspectives. For educational facility BTL projects, however, the appropriateness of initial operation performance evaluation, rather than considering the 20-year operational management period, is controversial in regards to sustainability. On this account, performance evaluation items in four areas-operational maintenance evaluation, facility performance status evaluation, maintenance subject evaluation, and sustainable change response evaluation-should be extracted. An indicator of facility performance evaluation is presented in this study through an AHP survey targeting experts, as part of establishing an operation performance evaluation system for educational facility BTL projects.

A Study on the Analysis of Issue Items on Negotiation Stage of Build Transfer Lease Project (건축분야 임대형 민자사업 협상단계 쟁점 분석에 관한 연구)

  • Park, Yeong-Cheol;Lee, Gun;Lee, Hyun-Chul;Go, Seong-Seok
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.5
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    • pp.57-66
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    • 2009
  • This study aimed to find major issues on negotiations of the BTL project, to analysis the degree, and to investigate the underlying cause and propose solutions. Data were collected from authorities in charge and the companies which have participated in BTL projects. Also, the weights of major issues were analyzed using Analytic Hierarchy Process method(AHP), which uses pair-wise comparison between variables, and the degree of them were listed in the quantitative way. As a result, 4 part had each 2 reasons and others had one reason among 6 negotiation parts of first step. In addition, the solutions were indicated.