• Clean Technology
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• v.29 no.1
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• pp.59-70
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• 2023

This study aims to introduce a biowaste processing system that uses spent coffee grounds and implement a real options method to evaluate the proposed process. Energy systems based on eco-friendly fuels lack sufficient data, and thus along with conventional approaches, they lack the techno-economic assessment required for great input qualities. On the other hand, real options analysis can estimate the different costs of options, such as continuing or abandoning a project, by considering uncertainties, which can lead to better decision-making. This study investigated the feasibility of a biowaste processing method using spent coffee grounds to produce biofuel and considered three different valuation models, which were the net present value using discounted cash flow, the Black-Scholes and binomial models. The suggested biowaste processing system consumes 200 kg/h of spent coffee grounds. The system utilizes a tilted-slide pyrolysis reactor integrated with a heat exchanger to warm the air, a combustor to generate a primary heat source, and a series of condensers to harness the biofuel. The result of the net present value is South Korean Won (KRW) -225 million, the result of the binomial model is KRW 172 million, and the result of the Black-Scholes model is KRW 1,301 million. These results reveal that a spent coffee ground-related biowaste processing system is worthy of investment from a real options valuation perspective.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.42 no.3
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• pp.127-133
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• 2006

An estimation of the headline height of a bottom trammel net set across under uniform current was achieved numerically from a differential equations describing the forces of the net and compared with the measured value in a flume tank experiment. The analysis on the shape of the bottom trammel net with the headline free was based on the equilibrium equation of the bottom gill net which was modified and slack of the trammel net was varied with net depth as shown in the tank experiment. The differential equations were solved by a forth-order Runge-Kutta method. The estimated headline heights with varied slack was found to be closer than that with constant slack when compared with the actual values.

• Journal of the Korean Society of Environmental Restoration Technology
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• v.8 no.5
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• pp.47-55
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• 2005

This study was conducted to suggest revegetation character for environment factor of slope. Field test carried out for the man-made slope with three types(0.5cm no net, 3.0cm no net, 3.0cm net) revegetation methods in Hwaseong. Test revegetation plants were Festuca arundinacea, Lolium perenne, Lespedeza cyrtobotrya and Indigofera pseudo-tinctoria M. The result of this study can be summarized as follows; 1. The soil hardness, the soil acidity, and the soil humidity of three types(0.5cm no net, 3.0cm no net, 3.0cm net) revegetation methods were at a suitable value for plants growth. 2. All plant growth index(seedling number, ground coverage, plant height, plant weight, etc) of south slope were better than north slope. But plant growth index of net plots were similar to no net plots. 3. For washout investigation, washout quantity of north slope was plentifully measured from south slope, and 1 amount of rainfall will be big was visible appears plentifully.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.45 no.4
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• pp.276-286
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• 2009

The main purpose of this research is to analyze economic feasibility of biodegradable sonw crab gill net model project. The results of benefit/cost analysis show that use of the biodegradable gear is economically feasible. Assuming that the rate of gill net lost is 5 percent, net present value was estimated 311,898,282-590,533,375won, benefit-cost ratio 1.816-1.923 and internal rate of return 7.96-10.59%. The development and diffusion of biodegradable fishing gear appear to make a significant contribution to fisheries resource conservation and marine ecosystem protection. In addition, biodegradable gear production firms may have a good opportunity of exporting it to other coastal states, depending on the progress of WTO subsidy negotiation.

• International Commerce and Information Review
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• v.10 no.1
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• pp.139-154
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• 2008

This research want to discuss some issues about payment system of America. This research focuses on comparing ACH with Fedwire. Firstly Fedwire is the payment system for only large-dollar transfer(Large-Value Transfer System; LVTS), while ACH(Automated Clearing House)payment mainly applies a consumer account. Secondly ACH transaction is either credit or debit transfer, while Fedwire is only credit transfer. Thirdly the communication system of Fedwire has twoway method, telephonelike communication network, but ACH is oneway store and forward electronic mail. At present LVTS divides into RTGS(Real-Time Gross Settlement) and DNS(Deferred Net Settlement). However Fedwire uses either RTGS(instantaneous for every transaction) or DNS(net net transaction) but ACH uses only DNS(net net transaction). Fourthly ACH is substantially cheaper than the Fedwire payment. lastly security is important in both Fedwire and ACH, it is even more crucial in Fedwire In addition, for each transaction, Fedwire may entail individual instantaneous confirmation to the originator and notification to the receiver, whereas ACH do not.

• The Journal of the Korea Contents Association
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• v.6 no.3
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• pp.20-27
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• 2006

In this paper we constructed semantic net that can efficiently conform retrieval and reuse of object-oriented source code. In order that initial relevance of semantic net was constructed using thesaurus to represent concept of object-oriented inheritance between each node. Also we made up for the weak points in spreading activation method that use to activate node and line of semantic net and to impulse activation value. Therefore we proposed the method to enhance retrieval time and to keep the quality of spreading activation.

• Journal of Korean Society for Atmospheric Environment
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• v.30 no.4
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• pp.301-310
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• 2014

Country-specific data for net calorific values and carbon emission factors requires for a higher tier estimate of greenhouse gas emissions in the energy sector. The objective of this study is to develop country-specific net calorific values and carbon emission factors for petroleum energy produced in Korea. Calorific values and carbon contents of the fuels were measured using the oxygen bomb calorimeter method and the CHN elemental analysis method, respectively. Sulfur and hydrogen contents, which were used to calculate the net calorific value, were also measured and then net calorific values and carbon emission factors were determined based on the measurement results. The net calorific values and carbon emission factors determined for the petroleum produced in Korea 2012 and 2013 were compared to those in the 2006 IPCC Guidelines. Most of the values were different compared with the default values of the 2006 IPCC Guidelines although those were placed within their upper and lower limits. Time series analysis results showed inconsistent seasonal variation for the net calorific values and carbon emission factors.

• Environmental and Resource Economics Review
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• v.27 no.3
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• pp.421-461
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• 2018

Windpower turbines have positive values for visitors with regard to tourism and learning. On the other hand, it is clear that windpower turbines have negative impact on the landscape, particularly when the level of landscape is high. The impact of windpower turbines on the visitor's value is composed of two elements: the viewingvalue which is independent of the level of landscape and the landscape value which varies with the level of landscape. The net visitor's value of windpower turbines is the sum of these two values with opposite signs. This study used a choice experimentation method to value the impact of windpower turbine construction in the mountainous area in Korea. This study estimated the viewing value, the landscape value and the visit value as the sum of the two values. The estimated results demonstrated a significantly positive viewing value, a significantly negative landscape value, and weakly negative net visit value in average.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.55 no.3
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• pp.181-189
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• 2019

Discarding juvenile fishes under girth 16 cm nearly equal to inner perimeter of codend mesh size collected by a cover net method in bottom trawl. The body size of the main five species (mackerel, horse mackerel, sea bream, melon seed and black throat seaperch) was measured for their body length, girth, weight, height and width and analyzed size selectivity. Frequency of penetrating fish as retention in a cover net was less than 40% of total number of juvenile discarding fish. The most of body length or girth of five species were significantly different between in the codend and in the cover net. The 50% selection girth in the cover net ranged 8-11 cm were smaller than those in the codend ranged 9-13 cm by the species respectively. The 50% selection body length was significantly related with the ratio of body height (H) by body width (W) both for in the codend or in the cover net while 50% selection girth was not significantly related with H/W. Furthermore 50% selection fish size by fish species between in the codend and in the cover net was not significantly different both in body length or girth. Therefore, the girth selectivity represented possibly as one unique value regarding fish body shape was considered as more useful method for multi-species catch in trawl.

• Animal Bioscience
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• v.36 no.1
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• pp.108-118
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• 2023

Objective: The objective of this experiment was to determine the net energy (NE) value of 6 wheat bran and 1 wheat shorts by indirect calorimetry and establish the NE prediction equations of wheat bran fed to growing barrows. Methods: Forty-eight growing barrows (28.5±2.4 kg body weight) were allotted in a completely randomized design to 8 dietary treatments that included a corn-soybean meal basal diet, 6 wheat bran diets and 1 wheat shorts diet. The inclusion level of wheat bran or wheat shorts in diets is 30%. Results: The addition of wheat bran reduced the apparent total tract digestibility (ATTD) of nutrients (p<0.05). The ATTD of gross energy, crude protein (CP) and dry matter (DM) in the wheat shorts were greater than that in the wheat bran. Addition of wheat bran or wheat shorts had no effect on total heat production and fasting heat production. The NE of wheat bran was negatively correlated with neutral detergent fiber (r = -0.84; p<0.05) and acid detergent fiber (r = -0.83; p<0.05), while it was positively correlated with CP (r = 0.92; p<0.01). The NE values of wheat bran ranged from 6.79 to 8.15 MJ/kg DM, and the NE value of wheat shorts was 12.47 MJ/kg DM. The ratio of NE to metabolizable energy for wheat bran fed to growing pigs was from 66.0% to 71.7%, whereas the value for wheat shorts was 83.7%. Conclusion: The NE values of wheat bran ranged from 6.79 to 8.15 MJ/kg DM, and the NE value of wheat shorts was 12.47 MJ/kg DM. The NE value of wheat bran can be well predicted based on energy content and proximate analysis.