• New & Renewable Energy
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• v.3 no.4
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• pp.31-37
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• 2007

Because of their low operating and maintaining costs, ground-source heat pump(GSHP) systems are an increasingly popular choice for providing heating, cooling and water heating to public and commercial buildings. Despite these advantages and the growing awareness, GSHP systems to residential sectors have not been adopted in Korea until recently. A feasibility study of a residential GSHP system was therefore conducted using the traditional life cycle cost(LCC) analysis within the current electricity price framework and potential scenarios of that framework. As a result, when the current residential electricity costs for running the GSHP system are applied, the GSHP system has weak competitiveness to conventional HV AC systems considered. However, when the operating costs are calculated in the modified price frameworks of electricity, the residential GSHP system has the lower LCC than the existing cooling and heating equipments. The calculation results also show that the residential GSHP system has lower annual prime energy consumption and total pollutant emissions than the alternative HVAC systems considered in this work.

• Journal of Family Resource Management and Policy Review
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• v.14 no.4
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• pp.21-38
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• 2010

The purpose of this study is to clarify the motivation of adolescent volunteers based on exchange theory by analyzing benefits and costs. The activation for family-volunteering is explored to decrease the cost of volunteering. Data were collected from 463 adolescents and analyzed using SPSS 16.0 program. The statistics used for analysis were the factor analysis, cluster analysis, T-Test and ANOVA, Findings indicated that a 75.2% of adolescents participated in voluntary activities during last one year, but a 90.3% of subjects was not taken part in family volunteering. Family volunteering has not been activated but adolescents hoped high to participate with family. Adolescents evaluated high the cost of family time lost because of volunteering. The clusters evaluating the costs of volunteering low participated more than other clusters. From these results, it was proposed that costs of volunteering such as conflicts with members of family or supervisors should be lessened than the benefits of it emphasized. The family volunteering is suggested to decrease the cost of family time loss.

• Proceedings of the SAREK Conference
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• 2009.06a
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• pp.64-69
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• 2009

Because of their low operating and maintaining costs, ground-source heat pump(GSHP) systems are an increasingly popular choice for providing heating, cooling and water heating to public and commercial buildings. Despite these advantages and the growing awareness, GSHP systems to residential sectors have not been adopted in Korea until recently. A feasibility study of a residential GSHP system was therefore conducted using the traditional life cycle cost(LCC) analysis within the current electricity price framework and potential scenarios of that framework. As a result, when the current residential electricity costs for running the GSHP system are applied, the GSHP system has weak competitiveness to conventional HVAC systems considered. However, when the operating costs are calculated in the modified price frameworks of electricity, the residential GSHP system has the lower LCC than the existing cooling and heating equipments. The calculation results also show that the residential GSHP system has lower annual prime energy consumption and total greenhouse gas emissions than the alternative HVAC systems considered in this work.

• 한국신재생에너지학회:학술대회논문집
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• 2007.11a
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• pp.515-518
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• 2007

Because of their low operating and maintaining costs, ground-source heat pump(GSHP) systems are an increasingly popular choice for providing heating, cooling and water heating to public and commercial buildings. Despite these ad- vantages and the growing awareness, GSHP systems to residential sectors have not been adopted in Korea until recently. A feasibility study of a residential GSHP system was therefore conducted using the traditional life cycle cost(LCC) analysis within the current electricity price framework and potential scenarios of that framework. As a result, when the current residential electricity costs for running the GSHP system are applied, the GSHP system has weak competitiveness to conven- tional HVAC systems considered. However, when the operating costs are calculated in the modified price frameworks of electricity, the residential GSHP system has the lower LCC than the existing cooling and heating equipments. The calculation results also show that the residential GSHP system has lower annual prime energy consumption and total pollutant emissions than the alternative HVAC systems considered in this work.

• Proceedings of the Korea Committee for Ocean Resources and Engineering Conference
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• 2006.11a
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• pp.277-280
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• 2006

Most real world design evaluation and risk-based decision support combine quantitative and qualitative (linguistic) variables. Decision-making based on conventional mathematics that combines qualitative and quantitative concepts always exhibit difficulty in modelling actual problems. The successful selection process for choosing a design/procurement proposal is based on a high degree of technical integrity, safety levels and low costs in construction, corrective measures, maintenance, operation, inspection and preventive measures. However, the objectives of maximising the degree of technical performance, maximising the safety levels and minimising the costs incurred are usually in conflict, and the evaluation of the technical performance, safety and costs is always associated with uncertainties, especially for a novel system at the initial concept design stage. In this paper, a design-decision support framework using a composite structure methodology grounded in approximate reasoning approach and evidential reasoning method is suggested for design evaluation of machinery space of a ship engine room at the initial stages. It is a Multiple Attribute Decision-Making (MADM) or Multiple Criteria Decision Making (MCDM) framework, which provides a juxtaposition of cost, safety and technical performance of a system during evaluation to assist decision makers in selecting the winning design/procurement proposal that best satisfies the requirement in hand. An illustrative example is used to demonstrate the application of the proposed framework.

• Membrane and Water Treatment
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• v.4 no.4
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• pp.237-249
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• 2013

Ultra-pure water (UPW), a highly treated water free of colloidal material and of a conductivity less than 0.06 ${\mu}S$, is an essential component required by modern industry. One of the methods for UPW production is the electrodialysis-ion exchange (ED/IE) system, in which the electrodialysis (ED) process is used as a preliminary demineralization step. The IE step can be replaced with electrodeionization (EDI) to decrease the volume of post-regeneration lyes. In this paper, the electrodialysis process carried out to relatively low diluate conductivity was investigated and the costs of UPW production were calculated. The optimal value of desalination degree by ED in the ED/IE and ED/EDI systems was estimated. UPW unit costs for integrated ED/IE and ED/EDI systems were compared to simple ion exchange and other methods for UPW production (RO-IE, RO-EDI). The minimal UPW unit costs in ED/EDI integrated system were estimated as $0.37/$m^3$ for feed TDS 600 mg/L and $0.36/$m^3$ for feed TDS 400 mg/L at 64 $m^3/h$ capacity, which was lower than in the comparable ED/IE integrated system ($0.42-0.44/$m^3$). The presented results suggest that an ED/EDI integrated system may be economically viable.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.9
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• pp.51-61
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• 2020

This research investigates the consequences of the increase in corporate use of short-term debt in China over the past decades. Using a sample of Chinese firms from 2007 to 2018, we empirically explore the effect of corporate use of short-term debt for long-term investment (SFLI) on audit pricing. We first examine the relationship between SFLI and audit pricing for different groups of firms. Then, we investigate the role of the increase in short-term debt in alleviating principal-agent conflicts and reducing agency costs. We have four primary empirical findings. First, auditors tend to charge SFLI clients higher fees. Second, the negative relationship between SFLI and audit fee is found in private firms, firms audited by Chinese domestic auditors, and firms with higher information asymmetry. Third, the time auditors spent on SFLI clients is significantly more than that spent on non-SFLI clients, suggesting that the decrease in audit fee is not due to the decrease in cost. Fourth, SFLI significantly reduces the agency costs of the firm, which auditors regard as a low risk signal and grant an audit fee discount. Our findings suggest that the decrease in debt maturity, not only influences managerial behaviors, but also influences auditors' risk assessment and pricing decisions.

• Journal of the Korean Society of Environmental Restoration Technology
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• v.12 no.6
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• pp.51-62
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• 2009

The purpose of this study is to analyze the profitability by selecting Pinus densiflora S. et Z. worthy of ornamental tree from among the cutting timber in the urban development project, and then presents the improvements. The study site is the whole area of Oedong-eup Gyeongju city Gyeongsangbuk-do and subject trees numbers are 2,180 trees. Analysis method is cost analysis because it is used generously pubic land development. In results, at first, in case of forest development currently cutting tree costs 7.3 million Won/ha. and no profit is occurred at all. Secondly, the forward direction order of tree treatments expenses are in sawdust production, selling lumber, selling ornamental tree, and selling ornamental tree, sawdust production, selling lumbered on the aspect of profits by the selling stumpage. Especially, selling trees as ornamental tree costs 127 million Won/ha. which shows the highest profits. Third, the management of ornamental tree pine tree after transplantation from development site costs 5 times less than purchasing the same quality trees. Hence, it is recommended to re-utilize the trees from the development sites to produce a high standard gardens and it also provides the basis for the low carbon green growth society.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.9 no.11
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• pp.4347-4366
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• 2015

Distinguished with traditional strategies which offload an application's computation to a single server, parallel computation offloading can promote the performance by simultaneously delivering the computation to multiple computing resources around the mobile terminal. However, due to the variability of communication and computation environments, static application component multi-partitioning algorithms are difficult to maintain the optimality of their solutions in time-varying scenarios, whereas, over-frequent algorithm executions triggered by changes of environments may bring excessive algorithm costs. To this end, an adaptive application component mapping algorithm for parallel computation offloading in variable environments is proposed in this paper, which aims at minimizing computation costs and inter-resource communication costs. It can provide the terminal a suitable solution for the current environment with a low incremental algorithm cost. We represent the application component multi-partitioning problem as a graph mapping model, then convert it into a pathfinding problem. A genetic algorithm enhanced by an elite-based immigrants mechanism is designed to obtain the solution adaptively, which can dynamically adjust the precision of the solution and boost the searching speed as transmission and processing speeds change. Simulation results demonstrate that our algorithm can promote the performance efficiently, and it is superior to the traditional approaches under variable environments to a large extent.

• Korea Journal of Hospital Management
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• v.15 no.2
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• pp.15-26
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• 2010

Stroke is a high-risk disease. The future of the medical environment is that the proportion of elderly population is increasing, the average life expectancy is being increased, while the fatal rate of stroke will be low. These situation will due to the financial burden on medical insurance. The most important factor that affects on the medical costs of stroke patients is the length of stay. In this study the mean length of hospital for stroke stay was 21.81days(37.97days for intracerebral hemorrhage, 18.89 days for cerebral infarction). The payment per case of stroke was 6.86 million won(12.6 million won for intracerebral hemorrhage, 5.72 million won for cerebral infarction). The payment per case of intracerebral hemorrhage was 2.2 times more than that of cerebral infarction. The payment in the day of hospitalization was the highest and until the second day medical costs was high. After the third day medical costs tended to decline, after that seemed to show an almost constant level. The length of hospital stay was found to be the most important determinant of inpatient charges for stroke. Accordingly rational management of the length of stay will be beneficial to health care consumers, providers, states.