• Title/Summary/Keyword: Production Value

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Bioconversion of Dairy Processing Waste into Value-Added Chemicals

  • Kim, Dong-Shik
    • Journal of Environmental Policy
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    • v.2 no.2
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    • pp.65-79
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    • 2003
  • More than 145 million tons of liquid whey is produced world-wide as dairy processing waste per year, and half of it is discarded without proper treatment. Due to its high nutrient value, the environmental impact can be significant. Bioconversion of cheese whey can provide an effective way to reduce the waste and, at the same time, generate economically attractive value-added chemicals. In this study, cheese whey was fermented with P. acidipropionici to produce propionic acid which has a high market value for chemical and pharmaceutical industries. In order to specifically enhance propionic acid production, acetic acid production was suppressed using o-iodosobenzoic acid as an enzyme inhibitor. When grown in the presence of the inhibitor, propionic acid production rate increased by a factor of 2 while acetic acid production rate decreased by a factor of 3. Furthermore, when 0.3 mM of o-iodosobenzoic acid was used, the incipient stage(creeping growth period) was considerably reduced. Therefore, the inhibitor helps the cells begin to grow earlier and speed up the production of propionic acid. Although the production rate of propionic acid effectively increased, the final concentration(or production yield) remained unchanged due to product inhibition. Methods that can reduce product inhibition are being tested combined with o-iodosobenzoic acid to optimize both the production rate and yield. The results are expected to be informative for controlling the other byproducts for other applications.

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Overview of World Ginseng Production (세계 인삼 생산의 개요)

  • Ference, Don
    • Journal of Ginseng Research
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    • v.15 no.2
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    • pp.152-165
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    • 1991
  • It is estimated that world ginseng production has increased from 3,200 tonnes In 1983 to 5,132 tonnes in 1987. China produced approximately hart of world ginseng production and South Korea's production amounts to 31.9% of world ginseng production. Canadian ginseng production of 114 tonnes in 1987 represents only 2.2% of estimated world production. World ginseng production is projected to increase to 6,856 tonnes by 1992. Canadian production as a proportion of total world production is expected to increase to 3.3% however, North American production overall is projected to decrease 12.0% of world production by 1992. Assuming that the value of each country's production is equal to average export price, the value of world ginseng production is estimated to be $ 443 million The estimated values of Korean, North Anerican and Canadian ginseng production represent $ 198.3million, 977.1 million, and $ 12.5 million, redpectively.

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Effects of Value Inclination of the Producers on Production Intention of Environment-Friendly Products: Mediation Effects of Perceived Public Certification and Shared Value

  • Yang, Hoe-Chang;Oh, Young-Sam
    • The Journal of Economics, Marketing and Management
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    • v.3 no.3
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    • pp.24-33
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    • 2015
  • This study attempted to identify the effects that would be brought about by the value inclination of agricultural and livestock products producers upon the intention to produce environment -friendly products. In this study, We analyzed the data used in Yang et al.(2014) with producers of agricultural and livestock products in Incheon-si and Gyeonggi-do. Total of 149 valid questionnaires were corrected and value inclination as divided into individualism orientation and collectivism orientation, it has been tried to identify whether the intention to produce environment-friendly products would vary with producer's orientation or not. According to the analysis result, individualism, collectivism perceived public certification and shard value were positive effect on production intention of environment-friendly product. This can be said to have been an attempt to establish a more effective and specific strategy through identifying the characteristics of producers that must be considered first of all in the process of establishing policies.

Problems in methodology for estimating cost of milk production and its improvement (우유생산비 조사 및 계산상의 문제점과 합리화방안 연구)

  • Chun, Ryong;Seo, Seong-Won;Park, Jong-Soo
    • Korean Journal of Agricultural Science
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    • v.39 no.2
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    • pp.227-242
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    • 2012
  • Accurate estimation of milk production cost is very important for dairy farmers in establishing strategies for business management (e.g. planning a program for milk production, deciding the size of business and investment, determining the milk price for sale). Since the estimated cost of milk production is used as an important index to determine the basal price of milk in Korea, there has been much interest and debate on the method used to estimate milk production cost among the stakeholder. This study was thus carried out to identify problems in the current methodology for estimating cost of milk production, and to find a better way to improve it. We propose several alternatives and better ways to improve the current method for estimating cost of milk production. Estimation of the income and cost per head should be based on the number of cattle converted to grown cows. Cost estimation per liter of milk should be made for both whole milk and 3.4% milk fat corrected milk. The value of purchased cows and raised replacement heifers should be the same as their market value. The productive life span of cows should be less 4 years, and the terminal or salvage value of cows needs to be 30 to 40% less than her initial value. When calculating depreciation of cows over the productive life span, however, the salvage value should be 0 or 1 Korean won. On calculating labor costs, the farm labor wage corresponding to the average wage of nonfarm industrial workers should be assumed. Beside of these, better estimation procedures for other items are also given. The proposed methods from this study should improve the accuracy of estimation of milk production cost and help to achieve consensus among the stakeholder.

Social Value Revisited for Public Organizations Towards Public Value and Co-Production (공공기관 정책의 새로운 지향: 사회적 가치를 넘어 공공가치와 공동생산으로)

  • Woo, Yoonseuk
    • Land and Housing Review
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    • v.13 no.2
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    • pp.17-30
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    • 2022
  • The aim of this study is to explore an advanced version of value orientation for public organizations by re-examining the orientation of Social Value, which was radically pursued by the Moon Jae-in government. This study finds that the approach was problematic by the Big Society agenda that was a starting point for social value discussions. For this purpose, this study analyzed the Big Society agenda, and then, suggested alternative values and tools in terms of public value and co-production for social value followed by policy implications to make them happen. This study, therefore, acknowledges that current policies and approaches to the social value of public organizations should be changed drastically.

The Spill-over Effect of the Production and Investment of Telecommunication Service Industry (통신산업의 국민경제적 파급효과)

  • Kim, Sung-Whan;Kang, Im-Ho
    • Journal of Digital Convergence
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    • v.6 no.2
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    • pp.97-105
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    • 2008
  • This paper tries to measure the spill-over effect of the production and investment of telecommunication service industry (hereafter telecommunication industry), using the most recent data of 2003 input-output tables. The results are summarized as follows. First, the industries which have the biggest spill-over effect from the production of telecommunication industry is miscellaneous business service (including the sale commission of telecommunication service), other engineering services (including royalty), and business consumption. Second, the production of telecommunication industry induces more value-added, and less production, less import, and less employment than related industries such as radio and television equipment, communications and broadcasting equipment, and computer and peripheral equipment. Third, while the investment of telecommunication service amounts to 15% of its production, the effect of the investment on production, value-added, consumption, and employment reaches 70% of that of its production. The policy implication of this paper is that the telecommunication industry contributes to overall economy mainly through its investment.

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Contemporary Chinese Households' Food Away From Home Expenditure and Becker's Household Production Theory

  • Kim Eon-Jin;Chern Wen S.
    • International Journal of Human Ecology
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    • v.6 no.1
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    • pp.17-28
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    • 2005
  • This study examines factors determining contemporary Chinese households' food away from home (FAFH) expenditures using Becker's household production theory. Data came from the 2000 urban household survey in Guangdong Province, collected by National Bureau of Statistics (NBS) of China. It was revealed that the contemporary urban Chinese wives also substitute their household work by time-saving product, FAFH, as Becker's household production theory postulated. This suggests the important role of time-value (opportunity cost) in determining household FAFH expenditure across the cultures.

Flower Production in a Chestnut (Castanea crenata) Forest. (밤나무림에 있어서의 꽃 생산에 관하여)

  • Young-Deuk Rim
    • The Korean Journal of Ecology
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    • v.2 no.1
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    • pp.25-30
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    • 1978
  • The flower production in the Castanea crenata forest in Gapyong was investigated, by applying litter trap and allometric method. Among serveral variables, DBH is the most reliable one but the estimated value by DBH showed remarkable difference from the value obtained by the litter trap method. Litter trap showed 149.3 kg of flower production per ha in the Castane crenata forest. And the F/L ratro increased with the itme until flowers began to fall. The variation of flower production among trees by allometric method seems to be unreliable.

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Safety Organization

  • 김용욱
    • Journal of the Korean Society of Safety
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    • v.2 no.3
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    • pp.44-53
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    • 1987
  • The effective production executive knows the value of organization. He realizes fully that no objective can be attained, whether it be for production, inspection, training, seling, or accident prevention without The effective production executive knows the value of organization. He realizes fully that no obifctive can be attained, whether it be for production, inspection, training, seling, or accident prevention without organization, and that an objective of accident prevention or elimination does not come about unless all levels of the organization are "turned in" toward that objecitive.

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Estimation of Industrial Water Supply Benefits Using Production Function Approach (생산함수 접근법에 의한 공업용수 공급편익 산정 방안)

  • Kim, Gil Ho;Yi, Choong Sung;Lee, Sang Won;Shim, Myung Pil
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.29 no.2B
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    • pp.173-179
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    • 2009
  • Industrial water supplied by water resource project is essential input materials along with labor, capital and land for companies. It is very important to stably secure these input materials in order for the industry to generate additional values. If the supply of industrial water is stopped, it is known damage for the industry is greater than domestic water or agriculture water based on same amount of supply. Like this, the actual value of industrial water has been highly acknowledged from the intuitive perspective, but study on the value and benefits of industrial water has been rarely conducted. Therefore, this study verified the value of industrial water supplied from water resource project, and used marginal production value as a measure to estimate the benefits of industrial water in the analysis of economic efficiency. As a result of empirical analysis using Cobb-Douglas production function and Translog production function, industries' average marginal production value was $5,427KRW/m^3$ and $5,583KRW/m^3$ respectively. The marginal production value for eleven industries were estimated by using same method. The marginal production value by industries presented by this study will be used as important data to calculate benefits of industrial water in the future. Moreover, the result of this study will provide reasonable criteria for decision making on the allocation of water in emergency situation, and problem of resource supply from water resource project.