• Title/Summary/Keyword: economic calculation

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The Study on Frameworks of Valuation Models for the Contents of Science and Technology Information (과학기술정보 콘텐츠의 가치평가모형 프레임워크 연구)

  • Sung, Tae-Eung;Jun, Seung-Pyo;Byun, Jeongeun;Park, Hyun-Woo
    • The Journal of the Korea Contents Association
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    • v.16 no.11
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    • pp.421-433
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    • 2016
  • Recently, although the interest in transfer and transactions of intangible assets increases, there is no valuation model to objectively assess market value of knowledge and information contents such as electronic databases and the necessity of researches associated is brought up. Therefore, the present study proposes valuation models so as to utilize as objective reference information in the contents market of intangible assets, by assessing the market value of science and technology information contents including patents, academic papers and reports. First, we look into application methods of calculating cash flows by content types out of key variables which has been applied to the present technology valuation, and in case of patents we propose valuation methods based on concepts which are applied in the present technology valuation. Next, in case of both papers and reports, in order to reflect the characteristics of these contents we newly propose qualitative valuation methods which are adjustable based on both technology innovation and market demands indices while estimating the economic life cycle of the technology, and also present the input cost-based calculation method as the calculation method of cash flows. Throughout the study, we could establish frameworks by technology fields and business models applicable such as copyright licensing, transactions of individual science and technology information contents, and expect that more objective and reasonable assessment of content values is accessible.

Estimation and Application of the Value of Travel Time by Time Period: A Case Study of Downtown Highway Expansion Project (시간대별 통행시간가치 추정 및 적용: 도심부 도로 확장 사업 사례연구를 중심으로)

  • Lee, Jae-Young;Choi, Keechoo
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.31 no.1D
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    • pp.7-15
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    • 2011
  • The travel time value is important factor for the evaluation of feasibility the transportation facility investment. The existing method for calculation of the travel time for each mode uses daily average trip purpose. So the value of travel time is constant because it is estimated with only daily average proportion. This daily constant time value can distort the results of future demands of toll roads or economic appraisals for the projects. The proportion of the trip purpose varies by time periods. Accordingly the value of travel time also varies by time periods. In this study, times periods are classified as morning peak, evening peak, business time off-peak, and non-business time off-peak. And trip purpose proportions are sorted by each time period from raw data of Seoul household trip study, then the value of travel time for each time period is estimated with these sorted purpose proportions. A case study of Seoul Jung-gu and Yongsan-gu performed with newly estimated time value by time periods. The result of benefit calculation with the daily constant time value is overestimated approximately annual 2.5 billion Won compared by time values by time periods. The demands of toll roads are also overestimated with the existing daily constant time value by daily 3,500 vehicles and total revenue of toll roads are overestimated by annually 1 billion Won. In conclusion, the value of travel time by each time period enables the more precise economic evaluation of the transportation facility investment projects, mode choice behavior, and route choice behavior especially for toll roads.

Calculation of Rainwater and Groundwater Fraction in Sewerage: A Case Study in Deokjin Park, Jeonju (동위원소를 이용한 하수 내 지하수 및 우수 함량 산출: 전주 덕진공원 유역 사례)

  • Choi, Seung-Hyun;Kim, Kangjoo;Moon, Sang-Ho
    • Economic and Environmental Geology
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    • v.49 no.5
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    • pp.361-370
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    • 2016
  • It is well known that the inflow of rainwater and the infiltration of groundwater to sewerage (I/I) increase the sewage and burden sewage treatment plants and lower their treatment efficiency. Therefore, it is important to estimate the amount of I/I. In this study, well groundwaters, public water supplies (PWSs), and sewage and rainwater channels were investigated to check whether oxygen and deuterium isotopes could be used as a tool for I/I estimation. This study shows that the isotopic composition of PWS in Jeonju area is very consistent over time and distinctly lighter than the circulating local rainwater (CLR) because it is supplied from Yongdam Dam, which is located about 40 km inland to the east in the mountainous area. Considering the fact that sewage mostly originates from the PWS, we could calculate the amounts of CLR in the sewerage from a monitoring station using unaffected rainwater and tap water as mixing end members. The calculation revealed that the CLR fraction ranged from 50% to 90% depending on observation time. This is well supported by the dilute natures of the sewages at the station. The fraction of PWS in investigated well waters were about 46%, indicating that leaking of PWS is very serious and is an important groundwater source in the study area. Since the infiltration of such groundwater may not alter the isotopic composition of sewage significantly, the actual I/I would be much greater than the calculated ones.

Prospects of Stable Production Technologies for Food Crops (식량 안정생산기술의 전망)

  • Chae Je Cheon;Gang Yang Sun;Lee Yeong Ho;Nam Jung Hyeon
    • Proceedings of the Korean Society of Crop Science Conference
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    • 1999.11a
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    • pp.102-144
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    • 1999
  • The major problems of food crop cultivation in Korea are low yield of most crops except rice. inefficient cultivation techniques for aged farmers. and low international competibility. Therefore, development of cultivation techniques of food crops should aim the yield. quality improvement, labor reduction and production cost. The primary issue for increasing the yield of soybean, barely and wheat is to reduce the yield gap between the farmer's yield and recommended ones of experiment station. More advanced cultivation techniques needs to be developed. and/or the conventional breeding methods to be reconsidered. The newly developed labor-saving mechanized technique needs to reduce labor hours , and the cost of agricultural implements and machineries. In other words the labor-saving mechanized technique should be developed based on the improvement of total farming system as well as systemic fundamental innovation of cultural methods. The efficiency of solar energy use in food production of Korea in 1997 is as low as $0.52{\%}$ so there is much room to increase yield. It is recommendable that the concept of food Production should be changed to energy Producing efficiency Per unit area basis from volume and weight of food materials. Moreover, introduction of resonable cropping system is needed to increase yield of main crops, farmer's income, solar energy use efficiency, and decrease of land service expenditure. Current cropping system emphasized on economic crops. especially in vegetables , is not desirable for resonable use of arable land. stability of agricultural management and staple food crop self-sufficiency ratio. It is desirable to increase food crops . that are energy of carbohydrate and protein rich and land dependent crops. in cropping system. And the agronomist should develop the cultural methods to replace food crops for food self-sufficiency and stable farming management instead of economic crops in current cropping system. Low-input and environmentally-sound crop cultivation techniques, especially nitrogen-reducing culture technique which is directly related to food crop quality, also needs to be developed urgently. The extended cultivation of corn in upland and barely and wheat in lowland as a feed stuffs is recommended to prevent further decrease of food self-sufficiency ratio, which is mainly caused by the high reliance on imported feed grain. It is also considered that the calculation and presentation methods of standard agricultural income needs to be improved. The current calculation method uses unit land area of 10a regardless of crop kinds , characteristics of agricultural management and cultivation scale. So, it is apt to lead misunderstanding of farm income value. Therefore. it should show an income of average farmers for certain number of years. Research and developing system for food producing is not desirable because they are conducted currently individual crop and mono-culture basis. But actual agricultural income is usually earned by cropping system including upland and lowland. For example. the barley and wheat is usually cultivated in double cropping system. The cooperation among research institutes such as university agribusiness. government and farmers is indispensible. The public information and education on importance and consumption habit of food crops is necessary in Korean society to increase food self-sufficiency through nationwide cooperation.

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A Study for Benefit Calculation of Bicycle Roadway Construction using Contingent Valuation Method (조건부 가치측정법(CVM)을 이용한 자전거도로 건설에 따른 편익 산출에 관한 연구)

  • Kwon, Yong Seok;Lee, Jin Kak;Son, Young Tae
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.26 no.6D
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    • pp.945-950
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    • 2006
  • In implementing transportation projects, benefits have been estimated using conventional benefit components. However, these components have a lot of assumptions and limitations for benefit estimations and thus it seems to be difficult to obtain values of parameters as well as to overlook benefits of non-market goods in calculation process. In other words, current benefit estimations are considered that can be solely measured by directly depending on traffic volumes. Existing economic analysis do not reflect the full benefits, including direct and indirect of the project implementations. To illustrate this fact, bicycle road construction can result in various functional benefits, including improved quality of life, balanced regional development, and good scenery composition. These benefits can not be explained with conventional economic analysis. The objective of this research is to estimate valuation of bicycle road construction using Contingent Valuation Method (CVM). CVM can evaluate user's direct willingness-to-pay as well as maximize bicycle utilization with balanced regional development. This research used the coastline bicycle road construction project for example. The proposed method can be well calculated or estimated benefits for non-market goods of bicycle road constructions using CVM.

Development of Categorization System for Efficient Calculation of Damage Cost according to Strong Wind (강풍 피해에 따른 피해비용의 효율적인 산정을 위한 분류체계 개발)

  • Song, Chang Young;Lee, Jong Hoon
    • Journal of the Korean Society of Safety
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    • v.31 no.2
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    • pp.127-132
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    • 2016
  • In this study, the plan to construct a disaster information categorization system that can be objectively and efficiently performed was suggested in order to perform disaster management task systematically. Recently, the damage of natural disasters is gradually growing larger and faster, increasing the economic loss. Especially, as for the domestic storm damage, the damage from strong wind was found to be greater than the damage from torrential rain. Also, strong wind was found to be inflicting a great damage on human life, property and agricultural crops, so the necessity to study damage restoration from strong wind is increasing. Nevertheless, the damage items categorized in the domestic disaster year book are often comprehensive or unclear in criteria, and thus fail to reflect items or matters due to actual disaster damage. It is difficult to aggregate damage accurately such that it does not correspond to the national compensation scope or the damage amount is calculated according to subjective judgment of the investigator in charge. As such, if the disaster information management is inadequate by not applying accurate categorization criteria from damage amount calculation, there can be an issue with fairness when paying the damage support aid. Therefore, this study suggested a categorization plan for objective and efficient execution of disaster information management task in order to resolve such issues. It is expected that quick and efficient execution would be possible in disaster information management and task procedure domestically by constructing systematic categorization system related to disaster information.

STUDY ON VIEW FACTOR CALCULATION FOR RADIATIVE HEAT TRANSFER BY USING THE MESH SUBDIVISION METHOD (격자 세분화 방법을 고려한 복사열전달 형상계수 계산 기법 연구)

  • Kim, D.G.;Han, K.I.;Choi, J.H.;Lee, J.J.;Kim, T.K.
    • Journal of computational fluids engineering
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    • v.19 no.1
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    • pp.1-6
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    • 2014
  • Since experiments on the actual operational status are said to be very impractical because of their economic and repeatability problems, it is difficult to understand the thermal profiles of aerospace or military equipments. Thus, the CFD codes with considering the radiation heat transfer are used to compensate the defect. In case, analyzing the radiation exchanges between the object surfaces are very important. Because the temperature and the IR signal distributions of the object surface are significantly affected by the radiative heat transfer. To achieve accurate thermal radiation exchange between surfaces, it is important to calculate the radiation view factor precisely. Finer subdivision of meshes can be used to increase the accuracy of radiation view factor, but if the mesh is subdivided infinitely, the time required for calculation increases significantly and thus decreasing the efficiency. If the subdivision is not sufficient, assurance of accuracy is not guaranteed. In this paper, optimal mesh subdivision method using the solid angle has been successfully tested and found to be useful in increasing the efficiency of calculating the shape factors.

Development of On-site Heat Loss Audit and Energy Consulting System for Greenhouse

  • Kwon, Jin Kyung;Kang, Geum Choon;Lee, Seong Hyun;Sung, Je Hoon;Yun, Nam Kyu;Moon, Jong Pil;Lee, Su Jang
    • Journal of Biosystems Engineering
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    • v.38 no.4
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    • pp.287-294
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    • 2013
  • Purpose: Greenhouses for a protected horticulture covered with a plastic or glass are easy to have weakness in a heat loss by deterioration, damage, poor construction, and so on. To grasp the vulnerable points of heat loss of the greenhouses is important for heating energy saving. In this study, an on-site heat loss audit and energy consulting system were developed for an efficient energy usage of a greenhouse. Method: Developed system was mounted with infrared thermal and visual cameras to grasp the heat loss from the greenhouse quickly and exactly, and a trial calculation program of heating load of greenhouse to provide farmers with the information of heating energy usage. Results: Developed system could print out the reports about the locations and causes of the heat losses and improvement methods made up by an operator. The mounted trial calculation program could print out the information of the period heating load and fuel cost according to the conditions of greenhouse and cultivation. The program also mounted the databases of the information on the 13 horticultural energy saving technologies developed by the Korea Rural Development Administration and simple economic analysis sub-program to predict the payback period of the technologies. Conclusion: The developed system was expected to be used as the basic equipment for an instructors of district Agricultural Technology and Extension Centers to conduct the energy consulting service for the farmers within the jurisdiction.

Probability Based Resistance Model of Steel Girder Bridges Based on Field Testing (현장계측결과를 이용한 강거더교의 확률적 저항모델)

  • Eom, Jun-Sik
    • Journal of the Korea institute for structural maintenance and inspection
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    • v.12 no.4
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    • pp.195-202
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    • 2008
  • Underestimation of the capacity can have serious economic consequences, as deficient bridges must be posted, repaired or replaced. Accurate prediction of bridge behavior may allow for more bridges to remain in service with or without minor repairs. The presented research is focused on the reliability evaluation of the actual load carrying capacity of existing bridges based on the field testing. Reliability analysis is performed on 17 previously tested bridges. Bridges are first evaluated based on the code specified values and design resistance. However, after the field testing program, it is possible to apply the experimental results into the bridge reliability evaluation procedures. The girder distribution factors obtained from the tests are also applied in the reliability calculation. The results indicate that the reliability indices of selected bridges can be significantly increased due to the reduction of uncertainties without sacrificing the safety of structures, by including the result of field measurement data into calculation.

A Study on the Dynamic Analysis of Mooring System During Hook-up Installation

  • Lee, Min Jun;Jo, Hyo Jae;Lee, Sung Wook;Hwang, Jea Hyuk;Kim, Jea Heui;Kim, Young Kyu;Baek, Dong Il
    • Journal of Ocean Engineering and Technology
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    • v.34 no.5
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    • pp.285-293
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    • 2020
  • This study evaluated the Hook-up installation of an offshore site construction process, which is the final step in an offshore site installation process. During Hook-up installation, the offshore structure can have a detrimental effect on the work stability due to low-frequency motion. Moreover, economic costs can be incurred by the increase in available days of a tugboat. Therefore, this study developed a numerical analysis program to assess the dynamic behavior of mooring systems during hook-up installation to analyze the generally performed installation process and determine when the tugboat should be released. In this program, the behavior of an offshore structure was calculated using Cummin's time-domain motion equation, and the mooring system was calculated by Lumped mass method (LMM). In addition, a tugboat algorithm for hook-up installation was developed to apply the Hook-up procedure. The model used in the calculations was the barge type assuming FPSO (Floating production storage and off-loading) and has a taut mooring system connected to 16 mooring lines. The results of the simulation were verified by comparing with both MOSES, which is a commercial program, and a calculation method for restoring coefficient matrix, which was introduced by Patel and Lynch (1982). Finally, the offset of the structure according to the number of tugboats was calculated using the hook-up simulation, and the significant value was used to represent the calculation result.