• Title/Summary/Keyword: System economic analysis

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Topic Model Analysis of Research Themes and Trends in the Journal of Economic and Environmental Geology (기계학습 기반 토픽모델링을 이용한 학술지 "자원환경지질"의 연구주제 분류 및 연구동향 분석)

  • Kim, Taeyong;Park, Hyemin;Heo, Junyong;Yang, Minjune
    • Economic and Environmental Geology
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    • v.54 no.3
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    • pp.353-364
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    • 2021
  • Since the mid-twentieth century, geology has gradually evolved as an interdisciplinary context in South Korea. The journal of Economic and Environmental Geology (EEG) has a long history of over 52 years and published interdisciplinary articles based on geology. In this study, we performed a literature review using topic modeling based on Latent Dirichlet Allocation (LDA), an unsupervised machine learning model, to identify geological topics, historical trends (classic topics and emerging topics), and association by analyzing titles, keywords, and abstracts of 2,571 publications in EEG during 1968-2020. The results showed that 8 topics ('petrology and geochemistry', 'hydrology and hydrogeology', 'economic geology', 'volcanology', 'soil contaminant and remediation', 'general and structural geology', 'geophysics and geophysical exploration', and 'clay mineral') were identified in the EEG. Before 1994, classic topics ('economic geology', 'volcanology', and 'general and structure geology') were dominant research trends. After 1994, emerging topics ('hydrology and hydrogeology', 'soil contaminant and remediation', 'clay mineral') have arisen, and its portion has gradually increased. The result of association analysis showed that EEG tends to be more comprehensive based on 'economic geology'. Our results provide understanding of how geological research topics branch out and merge with other fields using a useful literature review tool for geological research in South Korea.

Impact on Quality of Life of Single-parent Female Head of Household Economic Stress (한부모여성가구주의 경제적 스트레스가 삶의 질에 미치는 영향)

  • Lee, Hyun-Sim;Han, Kyu-Chul;Jeon, Gi-Bog
    • The Journal of the Korea Contents Association
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    • v.13 no.3
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    • pp.174-183
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    • 2013
  • This study in the lives of single-parent female households demographic and economic variables and economic stress quality financial satisfaction and physical health status and psychological distressed affect were analyzed. The study took advantage of an analysis of a sample of 430 people living in care facilities nationwide cap material. Using SAS 9.1 (Statistical Analysis System) were analyzed by the research model to set a single-parent female head of household demographic and economic characteristics, economic satisfaction, physical health status, was found to have a negative effect on the quality of life psychologically distressed. Also was identified as a single-parent female households experience economic stress have a negative effect on their quality of life. Especially, showed the biggest influence on the psychologically distressed was a significant influence financial satisfaction and physical health status in.

Design of Economic Analysis Module for Waste Heat Recovery based on Systems Engineering Approach (시스템엔지니어링 기반 산업 폐열 발전시스템 경제성 분석 모듈 설계)

  • Kim, Joon Young;Cha, Jae Min;Park, Sung Ho;Shin, Jung Uk;Lee, Tae Kyong
    • Journal of the Korean Society of Systems Engineering
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    • v.14 no.1
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    • pp.1-12
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    • 2018
  • In the energy-guzzling industries such as steel making and cement, power plants utilizing waste heat have been attracting attention to increase energy efficiency. However, the existing economic analysis system doesn't consider the special working fluids and the cost models of the main equipment used in the waste heat recovery power plant. So it is difficult to estimate the plant economics accurately. Therefore, It is required to develop a economic analysis module that can more accurately evaluate for the power plant. In this study, the systems engineering approach was used to design and develop the module that systematically reflects the characteristics of the power plant and various requirements. Specifically, first, the special working fluids and main equipment applied to the power plant were investigated. Next, the cost models for each equipment were developed. Finally, the economic analysis module based on this was developed.

Economic and Environmental Feasibility on the Wind-Diesel Hybrid Power System in an Island near Seamangeum Area (새만금 부근 섬 지역에서 풍력-디젤 복합 전원 시스템의 경제 및 환경적 타당성에 관한 연구)

  • Seo, Hyun-Soo;Chang, Se-Myong;Kim, Eun-Il
    • 한국신재생에너지학회:학술대회논문집
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    • 2006.11a
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    • pp.277-280
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    • 2006
  • This paper deals with the possibility on the hybrid power system concerning wind energy at a really existing island, Sunyoo-do in the west sea near Seamangeum. In the present stage, Diesel system produces all the electrical power of the Island. However, in the new proposed system of Diesel and wind energy, an optimized guideline for drive from the economic analysis on this hybrid system is given by a mathematical and statistical modelling with a share software HOMER (hybrid optimization model for electric renewables). After a series of analysis it has been shown that the hybrid system can reduce the total expenses as well as air pollution.

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A Study on the Economic Analysis of Cooling-Heating System Using Ground Source Heat in a public library (공공도서관에 지열시스템 적용시 경제성에 관한 연구)

  • Choi, Chang-Ho
    • Journal of the Korean Solar Energy Society
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    • v.32 no.1
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    • pp.56-66
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    • 2012
  • This study evaluated the economic benefits by comparing Cooling-Heating System with the existing system in the public library. The building's annual energy consumption was measured by adding the figures of the absorber chillers, the air conditioners and heaters in the building. The total amount of annual energy consumption was 143.51RT in air-conditioning and 83.66RT in heating. So, We made the capacity of geothermal heat pumps three 50RTs in order to check up this system. In order to estimate each construction and equipment cost and to evaluate economical efficiency, LCC(Life Cycle Cost) method was used and the service life of the building was sixty years. The result of analysis was that the geothermal cooling-heating system was more efficient than the existing system in public library.

A Study on the Economic Analysis for Ballast Water Treatment System (선박 평형수 처리 장치의 선내 배치를 위한 경제성 평가 연구)

  • Kim, Soo-Young;Shin, Sung-Chul;Chung, Bo-Young;Jo, Jung-Hwa;Kang, Byung-Yoon
    • Journal of the Society of Naval Architects of Korea
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    • v.47 no.2
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    • pp.258-264
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    • 2010
  • Various kinds of ballast water treatment systems (BWTS) have been developed corresponding to reinforced IMO rules for marine environment. Some of them got the certificate of IMO and others are waiting for it. Selection of optimum BWTS is very important. Optimum BWTS means not only functional requirements but also economic efficiency. This paper presents economic analysis model for optimum BWTS according to ship type and size. In this study 10 kinds of BWTS whose initial installation cost and maintenance cost are known are analyzed based on present worth method. It is assumed that all BWTS satisfy minimum functional requirements and we need to consider different economical efficiency. Through the economic analysis we could select optimum BWTS.

Economic Valuation for Nursery-Phase Production - Focusing on the tidal flat Oyster - (해면 중간육성 생산방식의 경제성 분석 - 갯벌 참굴 산업을 중심으로 -)

  • Choi, Jong-Du
    • The Journal of Fisheries Business Administration
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    • v.43 no.3
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    • pp.31-41
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    • 2012
  • This paper was conducted to study the economic valuation for Nursery-Phase production of the tidal flat oyster in Korea. Benefit-cost(B/C) model used to indicate the effects of economic valuation. Using discounting rates(i.e., 4.5%, 6.5% and 8.5%), the model compared revenues and costs that occur at different times from 2012 to 2018. This study also estimated various submodels, which are Benefit Cost Ratio(B/C ratio), Net Present Value(NPV), Internal Ration of Return(IRR), to compare profit of Nursery-Phase production styles and analyzed returns to evaluate the scenarios. Sensitivity analysis were conducted for various scenarios. The results suggest as follows. First, the oyster spat to the shell height of 3~5cm was more profit than the shell height of 1~3cm. Second, all of sensitivity analysis with submodels were economic valuation such that B/C ratio > 1, NPV > 0 and IRR > discounting rate. Third, the payback period was about 3years after installed Nursery-Phase production system.

A Study on the Economic Analysis of the Defense Acquisition Projects -Focued on ○○ Guided Missile- (국방획득사업 경제성 분석에 관한 연구 -○○유도무기사업 사례를 중심으로-)

  • Lim, Yong-Hwan
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.19 no.10
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    • pp.394-400
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    • 2018
  • Recently, it is expected to significantly increase the defense budget by acquiring large-scale weapons systems to enhance defensive capabilities. In order to secure funds needed to acquire such weapons systems, it is necessary to improve the efficiency of the defense budget. In addition, interest in economic factors affecting the domestic economy such as export opportunities and employment creation are increasing, as well as budget reduction of the defense acquisition business. In order to respond to these demands, this study conducted cost- benefit analysis and examined economic ripple effects in the implementation of defense procurement projects. However, research on economic analysis methodology considering characteristics of defense acquisition projects is still in its early stage. This study proposes a methodology to analyze the economic feasibility of defense acquisition projects and conducted a case study on the economic feasibility of the ${\bigcirc}{\bigcirc}$ guided missile project which is being prepared against local provocation. The proposed economic analysis method provides the cost-effectiveness analysis that has been performed in many weapon system acquisition projects in connection with the more general cost-benefit analysis method. This study contributes to the establishment of an improved theoretical methodology for weapon system acquisition projects.

The Economic Feasibility Analysis of 100-MW Power-to-Gas System (100 MW급 Power-to-Gas 시스템의 사전 경제성 분석)

  • Ko, Areum;Park, Sung-Ho;Kim, Suhyun
    • Clean Technology
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    • v.26 no.1
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    • pp.55-64
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    • 2020
  • According to the Korean Renewable Energy 3020 Implementation Plan, the installation capacity of renewable energy is expected to increase whereas technology for storing excess electricity and stabilizing the power supply of renewable energy sources is extremely required. Power-to-Gas is one of energy storage technologies where electricity is converted into gas fuel such as hydrogen and methane. Basically, Power-to-Gas system could be effectively utilized to store excess electricity generated by an imbalance between supply and demand. In this study, the economic feasibility analysis of Power-to-Gas reflecting the domestic situation was carried out. Total revenue requirement method was utilized to estimate the levelized cost of hydrogen. Validation on the economic analysis method in this study was conducted by comparison of the result, which is published by the International Energy Agency. The levelized cost of hydrogen of a 100-MW Power-to-Gas system reflecting the current economic status in Korea is 8,344 won kg-1. The sensitivity analysis was carried out, applying the main analysis economic factors such as electricity cost, electrolyser cost, and operating year. Based on the sensitivity analysis, the conditions for economic feasibility were suggested by comparing the cost of producing hydrogen using renewable energy with the cost of producing natural gas reformed hydrogen with carbon capture and storage.

Economic Evaluation of the IT SoC Industry Infrastructure Program

  • Oh, Wan-Keun;Min, Wan-Kee
    • 한국벤처창업학회:학술대회논문집
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    • 2007.04a
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    • pp.79-99
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    • 2007
  • This paper evaluates the economic effect of the IT SoC Industrial Foundation Composition Project. The evaluation was done in three steps. The first step was to estimate the contribution effect of the fabless small and medium venture business' sales. The step includes interview with all the CEOs of the firms under the support of the Enterprise Incubation System, The second step was to apply input-output analysis and then estimate the production inducement effect. The last step was to compare the results of estimation with the costs of the project. We have concluded this project had achieved 6.3 times greater economic effect compared to the budget. The reason for the large economic effect is that the project provided various infrastructures to the small and medium venture businesses.

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