• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.15 no.5
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• pp.37-50
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• 2020

This study aims to investigate meaningful relationship between technology appraisal indices and SMEs' financial performances for their continuous growth. The empirical data for this study were based on the technology appraisal results of Korea Technology Finance Corporation(KOTEC) and the financial data of the following 2 years 0f 3,688 SMEs. The meaningful differences between SMEs with superb financial performances and the others, by using t-test analysis, statistically were verified in 25 indices(75.8%) out of total 33 indices. All of five independent variables, namely CEO's capability, technology manpower, R&D intensiveness, market competitiveness and investment feasibility, were verified to have a positive effect on business feasibility respectively and business feasibility also has a positive influence on financial performance, such as sales growth, labor productivity and financial stability.

• Korean Journal of Construction Engineering and Management
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• v.8 no.6
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• pp.129-138
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• 2007

According to the preceding research outcomes, feasibility studies on public construction projects were incorrect and subjective. To resolve the problems, Korean government initiated Preliminary Feasibility Study (PFS) system prior to undertaking the main feasibility study. The PSF can be categorized into four areas such as road, railroad, harbor, airport, and Culture & Tourism (C&T). Especially when it comes to complex due to the introduction of five-weekday working system and local $government^{\circ}{\phi}s$ self administrative system. As a result, the standardization and legislation of the PSF can not be operated effectively. Accordingly this paper seeks to 1) identify actual condition of conducted PSF in C&T; 2) set up analytical model considering cost factor of economical efficiency and seek obstacles of PSF system; 3) suggest improvement plan for construction PSF projects.

• The Journal of Fisheries Business Administration
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• v.29 no.2
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• pp.199-216
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• 1998

An economic appraisal of a proposed marine ranching project is analysed using capital budgeting model such as net present value(NPV) and internal rate of return( IRR) as well as sensitivity analysis and goal seeking model. Of the factors for economic appraisal, direct benefits are to be determined by estimated harvest, prices and costs incurred by catching fishes, and indirect benefits include the additional economic effect of recreational fishing. And judging the worth of these project options depends upon the choice of discount rate of which 8.5% is recommended here. On the basis of estimated production, prices and costs the project is expected to yield NPV=615 million won and IRR=8.8%, which is quite accepted for an economic feasibility, under the first scenario, and NPV= -127 million won and IRR=7.93%, which is rejected, under the second scenario. Sensitivity analysis has been performed by calculating the switching value and sensitivity indicator in respect of the main project parameters. The results suggest that the project NPV and IRR are especially sensitive to fishes(rock fish and other rock fish) prices and fixed costs. Finally goal seeking analysis is carried out in order to reach a desired level of performance like NPV=0 in respect of the amount of hatchery-reared juverniles, the prices and the discount rate.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.59 no.2
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• pp.181-187
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• 2023

Laver aquaculture, which occupies a large proportion in the aquaculture industry in Korea, is still highly dependent on human labor. Therefore, it is necessary to study the development of an automatic system to improve the working environment and increase the efficiency of aquaculture production systems. The purpose of this study is to evaluate the economic feasibility of an improved system in a study for the loading-unloading and automatic weighing systems in laver aquaculture industry. Economic analysis of the developed unloading and automatic weighing system were implemented under various conditions to calculate more accurate benefits and costs. As a result of this study, the economic feasibility was found to be very high in the three models: net present value (NPV), benefit-cost ratio (B/C), internal rate of return (IRR). Moreover, the results of sensitivity analysis showed that the economical efficiency of the automatic loading, unloading, and weighing system in laver aquaculture was very high.

• New & Renewable Energy
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• v.4 no.2
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• pp.52-60
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• 2008

More people have become interested in hybrid vehicles - which have been heralded as environmentally friendly automobiles - recently as the opening of domestic hybrid vehicle market draws near. Since gasoline, diesel and LPG hybrid vehicles will be produced, a need exists to conduct economic feasibility study of each vehicle type. This research analyzed projected benefits of these hybrid vehicles based on the 1600cc model. There are two categories of benefits: 1) reduced fuel costs for the owners of the vehicles; and 2) reduced environmental pollution cost. We conducted a sensitivity analysis and estimated the domestic consumer fuel costs based on the international oil prices of 100USD, 150USD, and 200USD per barrel. The analysis showed savings of 2 to 4 million Won in fuel cost and 1 to 2 million Won in environmental pollution cost; therefore, the hybrid vehicles are not economically feasible if they are between 3 to 5 million Won more expensive than the conventional internal combustion engine vehicles.

• The Journal of Sustainable Design and Educational Environment Research
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• v.12 no.3
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• pp.36-49
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• 2013

Unplanned growth of the city was established, despite many elementary, School facilities outside the city is still lacking. Basically should be able to walk to school through elementary school in the case of excessive distance, issues such as unsafe in the school environment and the school, overcrowding, excessive relieve classroom learning environment, with the improvement of the overall situation is necessary. In this study, the status for local public elementary school environment, research and analysis, case studies, research, and through community and resolve problems derived as a school bus for the introduction of alternative feasibility analysis.

• The Transactions of the Korean Institute of Electrical Engineers P
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• v.64 no.4
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• pp.321-326
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• 2015

Smart metering is one of the most implementable internet-of-thing service. In order to implement the smart metering, a wireless communication network should be newly designed and evaluated so as to satisfy quality-of-service of smart metering. In this paper, we consider a wireless network for the smart metering implemented with multi-purpose wireless chips and channel coding-functioned micro controllers. Especially, channel coding is newly adopted to improve successful frame transmission probability. Based on the successful frame transmission probability, average transmission delay and delay violation probability are analyzed. Using the analytical results, service coverage expansion is evaluated. Through the delay analysis, service feasibility can be verified. According to our results, channel coding needs not to be utilized to improve the delay performance if the smart metering service coverage is several tens of meters. However, if more coverage is required, chanel coding adoption definitely reduces the delay time and improve the service feasibility.

• 한국전산유체공학회:학술대회논문집
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• 2003.10a
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• pp.144-145
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• 2003

A feasibility study on the alternating jet flow under the static electromagnetic field was carried out. When a fluid with electrical conductivity lies in the static electromagnetic field and moves electric current occurs in the fluid. Due to the electromagnetic field and the electric current, lorentz force generates in the fluid, which undergo the 'breaking' effect to the fluid. In order to simulate the complex fluid flow in the magnetic field, electromagnetic and fluid flow analysis need to be solved simultaneously. In the present study, a SOLA (SOLution Algorithm) scheme was used in order to calculate electromagnetic and fluid flow field. Jet flow without an electromagnetic field was compared with analytical solution in order to validate the flow analysis scheme. Effect of jet velocity on the flow pattern down the jet was investigated.

• Nuclear Engineering and Technology
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• v.29 no.4
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• pp.299-309
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• 1997

The neutronic feasibility of typical Korean three-loop 900MWe class PWR core loaded with mixed oxide fuels for both annual and 18-month cycle strategies has been investigated as a means for spent fuel management. For this study, a method of determining equivalent plutonium content was developed under the equivalence concept which gives the same cycle length as uranium fuel. Optimal plutonium zoning within the MOX assembly was also designed with the aim of minimizing the peak md power. Conceptual core designs hate hen developed for equilibrium cycle with the following variations: annual and 18-month cycle, 1/3 and full MOX loading schemes, and typical and high moderation lattice. The analysis of key core physics parameters shows that in all cases considered satisfactory core designs seem to be feasible, though addition of control rod system and change in Technical Specification for soluble boron concentration are required for full MOX loading in order to meet the current design requirements.

• Mass Spectrometry Letters
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• v.7 no.4
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• pp.102-105
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• 2016

This study explored the feasibility of using a carburization technique to enhance the ion intensity of isotopic analysis of ultra-trace levels of uranium using thermal ionization mass spectrometry (TIMS). Prior to fixing uranium samples on TIMS filaments, graphite powder suspended in nitric acid was deposited on rhenium filaments. We observed an enhancement of $^{238}U^+$ intensity by a factor of two when carburization was used, and were able to roughly optimize the amount of graphite powder necessary for carburization. The positive shift in heating current when evaporating filaments upon carburization implies that uranium was chemically altered by carburization, when compared to normal fixation processes. The good agreement between our method and known standards down to an ultra-trace level shows that the proposed technique can be applied to isotopic uranium analysis down to abundances of ~10 pg.