• Journal of the Korean Data and Information Science Society
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• v.11 no.2
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• pp.257-267
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• 2000

The purpose of this study is to analyse the economic effects of General Elections in Korea, in other words, to test the Political Business Cycle hypothesis using ARIMA-Intervention Analysis.

• The Transactions of the Korean Institute of Electrical Engineers P
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• v.66 no.3
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• pp.123-128
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• 2017

Electric utilities has been considered the necessity to introduce AM(asset management) of electric power facilities in order to reduce maintenance cost of existing facilities and to maximize profit. In order to make decisions in terms of repairs and replacements for power transformers, not only measuring by counting parts and labor costs, but comprehensive comparison including reliability and cost is needed. Therefore, this study is modeling input cost for power transformer during its entire life and also the life cycle cost (LCC) technique is applied. In particular, this paper presents an application of heuristic harmony search(HS) optimization algorithm to the convergence and the validity of economic life assessment of power transformer from LCC technique. This recently developed HS algorithm is conceptualized using the musical process of searching for a perfect state of harmony. It uses a stochastic random search instead of a gradient search so that derivative information is unnecessary. The effectiveness of the proposed identification method has been demonstrated through an economic life assessment simulation of power transformer using HS optimization algorithm.

• International Journal of Air-Conditioning and Refrigeration
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• v.11 no.4
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• pp.209-217
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• 2003

The term “energy saving is economical” is appropriate for the national view point and for design and assessment of one system, but not appropriate when choosing the system by comparing alternative systems in the early design step. Sometimes, non-energy saving system is more economical than energy saving system because of the price of electricity, gas or oil, which are used for operating the air conditioning system. Therefore, when designing a system, we should consider the efficient alternatives through economic assessment of energy saving method. However, research on non-operating number control of the system is not sufficient because it is more common to use operating number control of the system for most economic assessment of air conditioning systems. For this reason, this research can provide the economic operating number control method as basic design data. The data obtained through analysis of life cycle cost based on amount of yearly energy use, are produced by system simulation of HASP/ACLD/8501 and HASP/ACSS/8502 for six alternative heating$.$cooling systems based on seasonal air conditioning system, which is widely used for medium and large size office buildings in Busan.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.21 no.2
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• pp.71-78
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• 2009

Up until recently, the energy and the economic analysis of a cogeneration system have been implemented by a manual calculation that is based on monthly thermal loads of buildings. In this study, a cogeneration system modeling validation with a detail building energy simulation, eQUEST, for a building energy and cost prediction has been implemented. By analyzing the hourly building electricity and thermal loads, it enables users to decide proper cogeneration system capacity and to estimate more accurate building energy consumption. eQUEST also verified the energy analysis when the heat pump system is integrated with the cogeneration system. The mechanical system configuration benefits from the high efficiency heat pump system while avoiding the building electricity demand increase. Economic analysis such as LCC (Life Cycle Cost) method is carried out to verify economical benefits of the system by applying actual utility rates of KEPCO(Korea Electricity Power COmpany) and KOGAS(KOrea GAS company).

• 한국도로학회:학술대회논문집
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• 2004.02a
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• pp.157-162
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• 2004

• International Journal of Quality Innovation
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• v.8 no.2
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• pp.32-56
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• 2007

Life Cycle Assessment (LCA) aims to analyze possible impact upon manufacturing process and availability of products, and also study the environmental considerations and potential influence during entire life cycle ranging from procurement, production and utilization to treatment (namely, from cradle to tomb). Based on high-density polyethylene (HDPE) pipe manufacturing of company A, this case study would involve evaluation of environmental influence during the production process. When the manufacturing process has been improved during "production process" and "forming cooling" stage, it is found that capital input on "electric power" and "water supply" could be reduced, thus helping to sharpen the competitive power of company A, and also ensure sustainable economic and industrial development in accordance with national policies on environmental protection.

• Proceedings of the Korea Society for Energy Engineering kosee Conference
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• 2004.05a
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• pp.353-358
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• 2004

In recent, the trends in national energy Policy are established in the context of the integrated risk estimation for various national electricity generating options. The approach takes account of health, environmental, economic, and social aspects of electricity generation systems. In the present work, nuclear, coal, and LNG sources are chosen because these hold more than 90% of national total electricity generation in a descending order. A life cycle assessment (LCA) methodology is used for comparing environmental impacts of these options during the life cycle such as construction, operation as well as disposal stages. Here, the LCA consists of life cycle inventory analysis, classification/selection process of impact categories, characterization process, and normalization process of each category. LCA can be an useful tool for environmental impact assessment of future national energy options. At the planning stage of future energy Policies, the results of LCA would be taken into consideration. According to data update at the construction and disposal stages, the LCA needs to be conducted iteratively.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.14 no.2
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• pp.134-142
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• 2002

LCC (Life-Cycle Cost) analysis is a practical method and a guideline for evalua-ting the economic performance of building service systems. By using the LCC analysis, the most cost-effective design decision can be made, which has the lowest LCC during the project study period among the various design alternatives. The present case shows an example of appro-priate use of the LCC analysis, by demonstrating the procedures of decision making among at-tarnative building HVAC systems at community center and congress hall of a local government.

• Journal of the Korean Society of Clothing and Textiles
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• v.29 no.2
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• pp.220-230
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• 2005

The purpose of this study was to compare clothing benefits and the types of fashion information sources according to family life cycle. Subjects were selected through stratified sampling technique in Seoul and suburban area. Collection of the research data was made using a self-administered questionnaire survey. Factor analysis, ANOVA, and Duncan test were used to conduct the data analysis on 562 out of 600 questionnaires. Clothing benefit variables were reduced to five factors : fashion/social status, individuality, function/comfort, figure flaws compensation, and economic value. The result showed significant differences on 3 clothing benefits(fashion/social status, individuality, and function/comfort) and 5 fashion information soures (celebrities, street fashion, T.V commercial, Internet/home shopping, fashion catalog) according to family life cycle.

• 한국연소학회:학술대회논문집
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• 2013.06a
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• pp.15-17
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• 2013

In the design of combined cycle power plants, the design parameters considered mainly could be changed and added for performance evaluation with change on the design objective and method. Therefore, the design criteria considering the different objectives and type of power plant were needed. Thermodynamic and economic analyses of various types of gas turbine combined cycle power plants with demand on generation of power and heat and carbon capture system from high pressure flue gas have been performed to establish criteria for optimization of power plants.