• Title/Summary/Keyword: System economic analysis

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Life-Cycle Cost Analysis of Solution Transportation Absorption System (LCC 분석에 의한 상온 에너지수송용 흡수식 냉동기(STA)의 경제성 평가)

  • 오민규;이봉진;홍희기;강용태
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.16 no.6
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    • pp.506-513
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    • 2004
  • The objective of this paper is to evaluate the economic performance of latent and sensible energy transportation systems. LCC (Life-Cycle Cost) analysis is a practical method and a guideline for evaluating the economic performance of considered systems during the Life-Cycle Period. By comparing the LCC of alternatives, The most ideal alternative is determined which has the lowest LCC. It is concluded that the cost of STA (Solution Transportation Absorption system) can be reduced by 67% to that of sensible energy transportation for study period with 10 km transportation distance.

Road Alignment Design Using GIS

  • Kang, In-Joon;Lee, Jun-Seok;Kim, Tae-Hun;Park, Hyun
    • Korean Journal of Geomatics
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    • v.1 no.1
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    • pp.15-20
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    • 2001
  • In this study, several basic data for road design and GIS data were used for selecting the optimized road alignment database system. The cut and fill volumes were compared with existing manual road design method through the analysis and data application in this database system. We solved and estimated objective, economic, environmental and technical problems caused in road construction comparing existing manual method with the road alignment which was selected in GIS automatically. Also, we performed three dimensional simulation with the existing road design program and simulation of virtual reality through Virtual GIS. This study showed the method in selecting the optimized road alignment through the analysis and comparison of the selected road alignment. The goal of this study is comparison and analysis of definite cut and fill volume and environmental problem after the road construction through analyzing and comparing the social, economic, technical and environmental aspect in the road alignments with various statistic data.

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Configuration and Economic Analysis of Cogeneration Systems using COGENMASTER model (COGENMASTER 모형을 이용한 열병합발전 시스템 구성 및 경제성 분석)

  • Park, J.J.;Jo, I.S.;Kim, C.S.;Kwun, Y.H.
    • Proceedings of the KIEE Conference
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    • 1994.11a
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    • pp.27-29
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    • 1994
  • Recently, the energy situation in Korea has been significantly changed. Rapid increase in electricity demand, tremendous financial need for new power plant construction, and environmental problem have led to search for more efficient energy production and energy conservation technologies. Due to the potential energy and cost savings to both electric utilities and industries, cogeneration will play an important role in the electric power and thermal energy supply in the future. In this study, we present the COGENMASTER computer model for optimal system configuration and economic analysis of cogeneration system. We also present several case studies with this module to analyze Korean cogeneration market. The result of this study will be useful to utility and industrial cogeneration planners for rapid analysis of cogeneration's value under a broad range of scenarios.

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Replacement Investment with Pallet Fuel System in Greenhouse Fruit and Vegetables (목재펠릿시스템의 대체투자 가능성 분석 - 시설과채 사례 -)

  • Kim, Seongsup;Kim, Taehoo;Seo, Sangtaek
    • Journal of Agricultural Extension & Community Development
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    • v.25 no.3
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    • pp.149-160
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    • 2018
  • This study aimed to analyze the replacement investment of the diesel fuel system with the pallet fuel system in the Korean farming sector. Equivalent annual annuity approach was used to resolve a discrepancy of useful life in capital goods and to facilitate investment analyses in an independent perspective. Data was obtained from previous studies on economic analysis of greenhouse tomato, paprika and cucumber. Results showed that the replacement with the pallet fuel system was acceptable irrespective of the remaining period of useful life for the diesel fuel system. In addition, sensitivity analysis with government support level, repair cost, and light and heat energy cost show ed robustness in the possibility of replacement with the pallet fuel system while the speed of replacement was accelerated with an increase in the amount of diesel fuel used and price of diesel fuel, and a decrease in price of the pallet fuel. The result implied that the replacement investment rather than a new investment was appropriate for existing greenhouse farmers and the pallet fuel system was acceptable to replace existing diesel fuel system in producing greenhouse tomato, paprika and cucumber.

Analysis of the Ripple Effect of the US Federal Reserve System's Quantitative Easing Policy on Stock Price Fluctuations (미국연방준비제도의 양적완화 정책이 주가 변동에 미치는 영향 분석)

  • Hong, Sunghyuck
    • Journal of Digital Convergence
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    • v.19 no.3
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    • pp.161-166
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    • 2021
  • The macroeconomic concept represents the movement of a country's economy, and it affects the overall economic activities of business, government, and households. In the macroeconomy, by looking at changes in national income, inflation, unemployment, currency, interest rates, and raw materials, it is possible to understand the effects of economic actors' actions and interactions on the prices of products and services. The US Federal Reserve System (FED) is leading the world economy by offering various stimulus measures to overcome the corona economic recession. Although the stock price continued to decline on March 20, 2020 due to the current economic recession caused by the corona, the US S&P 500 index began rebounding after March 23 and to 3,694.62 as of December 15 due to quantitative easing, a powerful stimulus for the FED. Therefore, the FED's economic stimulus measures based on macroeconomic indicators are more influencing, rather than judging the stock price forecast from the corporate financial statements. Therefore, this study was conducted to reduce losses in stock investment and establish sound investment by analyzing the FED's economic stimulus measures and its effect on stock prices.

Economic Analysis and Comparison between Hybrid and Central Air Conditioning System (혼합공조와 중앙공조 시스템의 경제성 분석 및 비교)

  • Lee, Yoon-Jong;Kim, Chan-Jung;Moon, Je-Myung;Kim, Cheol-Woo;Seo, Hyeong-Joon;Kim, Gyoung-Rok;Shin, Haeng-Cho;Hong, Hi-Ki
    • Proceedings of the SAREK Conference
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    • 2007.11a
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    • pp.334-339
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    • 2007
  • This paper is concerned with economic analysis and comparison between hybrid and central air conditioning system by TRNSYS simulation and Life Cycle Cost(LCC) analysis. Hybrid air conditioning system that is using VAV for interior zone and system air-conditioner for perimeter zone is installed in building A. Central air conditioning system is composed of VAV and convector. The simulation was carried out in mode temperature level control using TRNSYS 16. From the result of simulation and LCC analysis, hybrid air conditioning system was better than central air conditioning system in initial cost and energy consumption.

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Assessing the Impact of Digital Procurement via Mobile Phone on the Agribusiness of Rural Bangladesh: A Decision-analytic Approach

  • Alam, Md. Mahbubul;Wagner, Christian
    • Agribusiness and Information Management
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    • v.5 no.1
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    • pp.31-41
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    • 2013
  • The research assesses the impact of a digital procurement (e-purjee) system for sugarcane growers in Bangladesh. The system itself is simple, transmitting purchase orders to local farmers via SMS text notification. It replaces a traditional paper-based system fraught with low reliability and delivery delays. Applying expected value theory, and using decision tree representations to depict growers' decision-making complexity in an information-asymmetric environment, we compute outcomes for the strategies and sub-strategies of ICT vs. traditional paper-based order management from the sugarcane growers' perspective. The study results show that the digital procurement system outperforms the paper-based system by tangibly reducing growers' economic losses. The digital system also appears to benefit growers non-monetarily, because of reduced uncertainty and a higher level of perceived fairness. Sugarcane growers appear to value the non-monetary benefits even higher than the economic advantages of the e-purjee system.

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An Economic Analysis and Consideration on the Application of Photovoltaic System for Bridge Nightscape Energy Savings at Han River in Seoul (서울시 한강교량의 태양광발전시스템 적용 시 경관조명 에너지 절약에 관한 경제성 분석 및 고찰)

  • Park, Yoon-Min;Hong, Seong-Kwan;Choi, An-Seop
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.25 no.1
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    • pp.42-49
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    • 2011
  • PV(Photovoltaic) system is environmentally friendly power system using solar energy in renewable energy. PV system compared to other renewable energy power generation systems is relatively easy to install, so the dissemination is increasing worldwide. Especially, BIPV(Building Integrated Photovoltaic) is a system that PV modules are installed on the building and use renewable energy. But this system is difficult to apply due to the shadow of adjacent buildings and limited installation. In this study, payback period is calculated by Retscreen 2010, that is an economic assessment software of renewable energy, on applied to the bridge of PV system. As results, this study aims at actively considering the application.

A Study on the Cost-Benefit Analysis for the Construction Method of Underground Railway Crossing (철도지하횡단공사 공법의 비용.편익 분석에 관한 연구)

  • Seok, Chong-Chen;Shin, Min-Ho;Eum, Ky-Yong;Kim, Mu-Il
    • Proceedings of the KSR Conference
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    • 2006.11b
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    • pp.407-413
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    • 2006
  • Railways are very important to get stability of railway structure as transportation system carrying a lot of passengers and freight. These days the construction of underground railway crossing such as expansion of new roads, construction of subway and gas pipe is increasing because of economic and social development. But these kinds of construction didn't take into account Cost-benefit analysis of railway which has the most important aspects of railway safety, so the results of construction didn't get a good evaluation. This study adapt Cost-benefit analysis to evaluate the economic validity of underground railway crossing. This study adjust about Cost-benefit analysis of railway part, and analyze the new method and technology of underground railway crossing constructed by Korean National Railroad and Railway Network Authority. Also this study divide between high frequency line and low frequency lineusing B/C, NPV, and IRR analysis. After analysis, B/C ratio method is the most suitable method among B/C, NPV, and IRR analysis method. Therefore this study can express economic benefit quantitatively and decrease the cost by adapting Cost-benefit analysis, and can clearly express the construction feasibility and investment effects of construction of underground railway crossing method.

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Development of Rural Settlement Planning Model Through Engineering and Agricultural Approach (II) -Analysis of Land Use Planning- (신농촌개발을 위한 농학,공학적 정주생활권 모형의 개발(II) - 토지이용 계획 -)

  • 김홍윤;이신호;이홍주;전우형;정예표;조흥수;김영철
    • Magazine of the Korean Society of Agricultural Engineers
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    • v.35 no.3
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    • pp.63-73
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    • 1993
  • For a systematic approach to rural settlement planning, socio-economic and land use potentialities were analysed in 10 villages("Ri", the lowest-order administrative unit in Korea)of Izuk-myun, Anseong-gun, Kyeonggi province, the model area in this study. Socio-economic potentialities, sub-grouped into rural and urban related ones, were analysed by the principal component analysis technique, while land use potentialities by the land suitability system of which the physical analysis is based on geographical information system. The principal component of rurality is strongly related with 5 key variables such as annual increasing rate of farm households, ratio of over 1ha-households, ratio of full-time farmers, ratio of animal rearing households and the principal component of urbanity with 6 key ones such as population density, number of schools, number of shops and servicing facilities, number of daily bus routes, number of non-farm households, percentage of area of housing sites. The analysis procedure of land suitability using the geographical information system were generalized and the results of analysis on village sites and paddy and upland fields were presented. The whole land use planning was presented by the criteria of the land suitability rank and the priority order of land use. land use.

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