• Journal of Korean Society of Water and Wastewater
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• v.12 no.3
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• pp.48-54
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• 1998

Korea becomes one of the countries which suffer from water shortage. It is expected that its water shortage in the early 2000's will be more than 10% of the annual demand. The shortage problem is more serious in the coastal areas where many industry complex locate. To solve the shortage problem, seawater desalination gets more attention as an alternative water supply source since Korea is surrounded by sea on its three sides. For potential application of seawater desalination in Korea, an economic analysis was conducted using cost data for the plants in the Middle Ease areas, The United states and others. The study is to provide a basis for the government to establish a strategy for promoting seawater desalination in Korea. It is discussed that the Reverse Osmosis (RO) process gets cheaper over times than the thermal processes of Multi-stage Flash Distillation (MSF) and Multi Effect Distillation (ME), especially in case where the capacity is less than about 50,000 ton/day. The unit cost of RO seawater is analyzed about US$1.35/ton in 1990 price. Since the Desalination plant can be operated regardless of weather conditions, industries in Korea's coastal areas which suffer from frequent droughts and water shortages are recommended to look into this option with more attention.

• Journal of Digital Convergence
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• v.13 no.8
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• pp.321-329
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• 2015

This study investigates effects of hardware and telecommunication and software service divided by ICT service on each 5 transportations to explore convergence of ICT and Transportation. Research models are production inducing effects, Added Value inducing effects of Demand-Driven model and Shortage cost effects of Supply-Driven model by using data for 2010~2012 of Input-Output Table. Results are that network and software service effects are more impact than hardware effects on transportations. Especially, hardware is impacted heavily on production inducing effect, telecommunications and software services has had a significant impact on the production inducing effect and Shortage cost effects. In addition, by each detail the transportation industries, packages and other transport and road transport is influenced greatly from ICT. On the other hand, rail and water transport are relatively lower impact by ICT, However, the effects of rail and water transport by ICT is grater than investment ratio of ICT. As a result, increasing investment in the ICT services could contribute to development of rail and water transport development.

• Advances in Energy Research
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• v.6 no.1
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• pp.55-73
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• 2019

The cost incurred by voltage sag effect in power networks has always been of important concern for discussions. Due to the environmental constraints, fossil fuel shortage crisis and low efficiency of conventional power plants, decentralized generation and renewable based DG have become trends in recent decades; because DGs can reduce the voltage sag effect in distribution networks noticeably; therefore, optimum allocation of DGs in order to maximize their effectiveness is highly important in order to maximize their effectiveness. In this paper, a new method is proposed for calculating the cost incurred by voltage sag effect in power networks. Thus, a new objective function is provided that comprehends technical standards as minimization of the cost incurred by voltage sag effect, active power losses and economic criterion as the installation and maintenance costs of DGs. Considering operational constraints of the system, the optimum allocation of DGs is a constrained optimization problem in which Lightning Attachment procedure optimization (LAPO) is used to resolve it and is the optimum number, size and location of DGs are determined in IEEE 33 bus test system and IEEE 34 bus test system. The results show that optimum allocation of DGs not only reduces the cost incurred by voltage sag effect, but also improves the other characteristics of the system.

• Environmental and Resource Economics Review
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• v.16 no.1
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• pp.27-63
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• 2007

Using the CGE model, this paper investigates economic impacts of a shortage in crude oil resulting from voluntary export restraints, OPEC's agreement of a cut in oil production, and/or a storing on speculation. Unlike most previous studies considering oil price as the unpredictable variable, this study constructs the model to determine the oil price endogenously under the condition of an insufficient supply of crude oil. According to IEA's extraordinary steps for a shortage of crude oil, we investigate an economic impact of 7~12% shortage below the level of business as usual. The results show that oil price soars by 17.3~33.5%, the rate of economic growth falls by 0.52~0.96%p, and the consumer price index(CPI) rises by 0.8~1.51%p. These results imply that increasing in 1%p of oil price results in decreasing in 0.03%p of economic growth and increasing in 0.045%p of consumer price index. The production of electricity declines because of the increase in production cost. A shortage of crude oil has an effect on sources of electricity. Most reduction in electricity generation occurs from the reduction in the thermal power generation which is highly dependent on crude oil. The shortage of crude oil causes demand for petroleum to significantly decline but demand for coal and heat to increase because of the substitution effect with petroleum. Demand for gas rise in the first year but falls from the second year.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.38 no.3
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• pp.136-148
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• 2015

We analyzed the effect of three different types of inventory systems for saving the total cost using simulation on the system where multiple depots and many retailers disperse on the limited area. Three types of inventory systems are single echelon system with inventory exchange and two-echelon system and the variant two-echelon system. Variant two echelon system is the two-echelon system where the inventory transshipmentsare allowed on every two stage inventory echelons. Inventories kept on every retailer are commonly used for all retailers when certain retailer has stock-out. And when all retailers are stock-out, inventories kept on every depot are commonly used for the retailers whose assigned depots are stock-out. These all three systems are simulated with the constraint of service level on wide range of parameter settings. Simulation results show that cost saving effect appear clear for single echelon system and two-echelon system when shortage cost portion and transportation cost portion becomes large respectively irrespective of depot number. Variant two echelon system seems to be superior to two other systems when transportationcost portion becomes very small. But this superiority is not proved in terms of statistics. So we may conclude that the variant two echelon system may be useless with the higher administrative efforts due to frequent inventory exchange. Also we note that the traditional two echelon system becomes inferior to two other systems in terms of statistics when service level becomes high or when demand variance becomes very large. And inventory integration effect that cost becomes saved when depot number decrease, diminishes when transportation cost or stock-out cost increases irrespective of inventory systems.

• IE interfaces
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• v.19 no.4
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• pp.316-323
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• 2006

In this study, based on Weibull proportional age reduction model and age replacement policy, we analyze economic life of cutting tool which allows re-grinding. Re-grinding task, usually for high-priced machining tools(e.g., broaching tool), is a kind of preventive maintenance activities to extend tool life at the completion of a lot production. The numerical results are also presented. Among the parameters of Weibull proportional age reduction model, the re-grinding effect parameter and Weibull shape parameter have a strong effect on economic tool life, and in the cost parameters, shortage cost is most sensitive. With further study on the parameter estimation of tool life process and cost function, this study can be expected to give more practical contribution to management of general machining tools.

• Proceedings of the Korean Society for Agricultural Machinery Conference
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• 1993.10a
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• pp.129-138
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• 1993

The shortage of agricultural labour due to industrial growth has greatly induced the mechanization in Korean agriculture. However small and scattered land holdings have been the main constraints in the process of mechanization. This paper describes the interrelationships of farm land structure, machinery selection and machinery operation areas. The sandy silt loam irrigated paddy land having single crop a year was selected as a target areas for this study. Machine operation cost is greatly influenced by operation period, plot geometry and operation area. On the improved geometry plots, optimal machine size increases slowly with increase in operation area. Operable area increases due to increased effective machine capacity on better geometry plot. The difference between the effects of operation period and plot geometry is that in the former case, the cost reduction is caused by delay in increase of machine size, whereas in the latter case timeliness cost is reduced by increase ffective capacity. The effect of farmland consolidation is greater on small plots than that on big plots. Increasing wage rates have induced the adoption of more labor saving machinery. Bigger labor saving machines require enlargement of operation area and larger plots through improvement in farm land structure. Machine cost on poor plot geometry increases more rapidly than that on the good plot geometry and as operation area increases machine cost reduces significantly. It is concluded that the development of agricultural mechanization ion Korea will depend on the improvement in farm land structure and enlargement of operation area.

• Proceedings of the Korean Society for Agricultural Machinery Conference
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• 1993.10a
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• pp.139-147
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• 1993

The rapid industrial growth, the consequent shortage of farm labour and increase in their wage level have facilitated more capitalized agricultural mechanization pattern in Korea. The efficiency of capital intensive machine is highly dependent on farm land structure. This paper describes a model explaining the relationship between farmland structure and required inputs for machine operation and to estimate required inputs for machine operation on the national basis for Korea for its paddy production system. The machine cost is closely related to operation area, but the required labour-hours are more related to machine type adopted . From the technology introduction point of view, if capital intensive machine is introduced, less labour-hours are required but machine kW-hours increase rapidly. From the plot geometry point of view, on good geometry plots, machine kW-hour and labour-hour required are less than that on the poor geometry plots. The kW-jhour per hectare of mechani al energy input id better indicator of mechanization level than kW per hectare or number of machine. If the adopted technology is more capital intensive and plot geometry is good, the cost reduction effect is highly significant.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2009.06a
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• pp.169-170
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• 2009

With increase in container traffic, there has been constant shortage in supply of containers causing upward tendency at a price of sale and lease. In this point of view, it is safe to say that the importance of demand and supply management for containers is getting dear. At the same time, growing dependence on leasing containers has huge effect on increase in cost because of the difficulty in forming forecast model.

• Journal of Energy Engineering
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• v.17 no.2
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• pp.88-99
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• 2008

This paper analyzed quantitative effect on sorts of scenario for DE (Decentralized Energy) in the Korean Power System using WADE Economic Model. WADE Economic Model calculated shortage of power sales from the existing technologies above all. and it construct a new type of technologies according to sorts of scenario for DE. generating capacity and electricity generation is computed from this process. From now on can assess the side of environment meant $CO_2$, $NO_x$, $SO_x$, PM10 and cost meant electric retail cost that composed of construction, T&D, fuel, maintenance and environment.