• Proceedings of the KIEE Conference
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• 2000.11a
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• pp.3-5
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• 2000

It has been the paradigm of game theory that more than two utilities compete and determine the price and amount of dispatch. In order for this theory to be available on real power system, it is necessary to consider the transmission costs as well as the generation costs. In addition Independent System Operator(ISO) should be able to mitigate the congestion, recover the transmission costs and provide information for long-term capacity investment by devising reasonable pricing schemes for the transmission services. Generators also have to take the transmission costs into account when building the bidding strategies. This paper proposes an approach to analyzing the profit maximizing game considering the transmission cost in a competitive electricity market.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.57 no.9
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• pp.1531-1535
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• 2008

In the past vertically integrated power system, the power utility forecasted power demand and invested new power plants to keep a system adequacy. However, in the competitive electricity markets, a principle part of the capacity investment is market participants who decided the investment to maximize their profit. Especially, one of the main factors in their long-term decision making is the retrieval of fixed costs (construction costs). This paper presents the capacity payment in electricity power markets. The capacity payment (CP) in Cost Based Pool (CBP) is needed to recover fixed costs. However, CP in CBP was applied not only recovering fixed costs but also ensuring supply reliability. In order to operate harmonious power markets, pool needs reasonable CP mechanism. This paper analysis CP using capacity proportion and Reliability Pricing Model (RPM).

• Journal of Korean Society of Industrial and Systems Engineering
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• v.34 no.2
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• pp.68-75
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• 2011

The purpose of this paper is to suggest a supplier and buyer's pricing decision strategy model with discount-policy over a long-term replenishment contract in a supply chain environment by small and medium size manufacturing company. We assume that the buyer has a superior economic power over a supplier and each agent in a supply chain is unaware of each other. The supplier proposes pricing decision strategy to induce the buyer to choose the terms of contract for the benefit of the supplier. Then buyer decides the terms of contract to maximize her profit considering supplier's discount-policy. We also present a numerical example to illustrate the efficiency of pricing decision strategy.

• Electronics and Telecommunications Trends
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• v.38 no.2
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• pp.75-84
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• 2023

Metaverse is expected to bring many innovations to society, culture, and economy by providing realistic services in various fields while suppressing time and space constraints. However, unclear definitions owing to the high diversity of the metaverse add to the confusion of the ecosystem participants. The current metaverse service has many voices of concern owing to technical limitations and lack of a clear profit model. Nevertheless, given its high growth potential driven by the digital transformation, a solid and long-term technology development strategy seems to be necessary. Accordingly, we analyze development cases centering on the major metaverse service shapes presented in the Metaverse New Industry Leading Strategy announced by the Ministry of Science and ICT in January 2022. In addition, we study the characteristics and core technologies of each metaverse service for its realization and discuss future stages of technological development.

• International conference on construction engineering and project management
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• 2013.01a
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• pp.213-218
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• 2013

To respond to global warming and climate change, Korean Government has implemented the GHG Target Management, which leads to a voluntary reduction in greenhouse gases from large businesses. Korean universities have put efforts on reducing GHG emissions and energy consumptions in the campuses, however, because of various activities and its characteristic of non-profit organization, establishing a long-term plan for reducing greenhouse gases is necessary. In this research, the Seoul National University's energy usage is analyzed and applicable technologies for reducing GHG emissions are extracted. Hence, three scenarios for performing the GHG Target Management are established. Proposed scenario is available for GHG Target Management and it would be expected to support decision- makings for reducing GHG emissions.

• Proceedings of the Korean Society of Crop Science Conference
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• 2022.10a
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• pp.331-331
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• 2022

This research aims to developing new commercialization project of convergence agricultural industrial model. First, we established an inventory for the planning of convergence agricultural industrial model categorize the relevant factors identified, and then suggested three models which are the business profit model for convergence agriculture industrialization, the resource recycling complex and agricultural tourism model, and the smart agricultural model. Second, in order to investigate the feasibility of each industrial model, we investigated the willingness to participate in the project according to the pilot models such as related organizations and management agencies, and proposed the result of business feasibility analysis. Finally, we suggested the establishment of a demonstration complex through the systemization of element technologies at two models. The related systems and technologies was reviewed as a new commercialization plan through the modeling of convergence agricultural industrial types in main crop production complex presented, and set up mid- to long-term development direction. The results of this study can be applied to the design of convergence agricultural industrial model in main crop production complex.

• Journal of the Korean Society of Environmental Restoration Technology
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• v.21 no.2
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• pp.39-51
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• 2018

Long-term unexecuted urban parks will be released from urban planning facilities after 2020, this may result in development of those parks. However, little research have been focused on how to develop those parks considering conservation, development, spatial pattern, and so on. Therefore, in this study, we suggested an optimization planning model that minimizes the fragmentation while maximizing the conservation and development profit using ACO (Ant Colony Optimization). Our study area is Suwon Yeongheung Park, which is long-term unexecuted urban parks and have actual plan for private development in 2019. Using our optimization planning model, we obtained four alternatives(A, B, C, D), all of which showed continuous land use patterns and satisfied the objectives related to conservation and development. Each alternative are optimized based on different weight combinations of conservation, development, and fragmentation, and we can also generated other alternatives immediately by adjusting the weights. This is possible because the planning process in our model is very fast and quantitative. Therefore, we expected our optimization planning model can support "spatial decision making" of various issue and sites.

• Korean Journal of Fisheries and Aquatic Sciences
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• v.54 no.4
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• pp.434-444
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• 2021

The decrease in fatness of the Pacific oyster Crassostrea gigas, which consequently results in decrease in the profit of aquaculture industry, has become a source of serious concern in southeast coast of Korea. The ratio of flesh (edible portion) to total oyster weight, commonly called edible portion yield ("suyul" in Korean), have been used as a fatness index for the healthy and valuable state of oyster from the early stage of oyster farming in Korea. More than 360 data sets were collected from early culturing periods (in the 1970s) to the present from approximately 15 published literatures to evaluate the long-term fatness trend of oyster, reared particularly in submerged longline culturing system in Gyeongsangnam-do province. Slight decrease in oyster fatness during the 1970s to 1990s was detected in Tongyeong and Geoje Bays; however, from the 1990s to the present, clear decreasing trends were observed with a decrease of 0.04-0.08% year^-1, especially during harvest season. Oyster mass production per unit area almost doubled within a short period in the early 2000s; however, changes in coastal environment factors inhibited the fattening of shellfish from the mid 1990s. These results indicate that the severe competition in feeding and low biological production in water column might be some convincing reasons for the decrease in fatness of oyster from the 1990s, in Tongyeong and Geoje Bays, Korea.

• Journal of the Korean Institute of Rural Architecture
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• v.19 no.1
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• pp.11-22
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• 2017

The purpose of this study is to analyze the actual situation of residents' participation in rural development projects, to identify their performance and problems, and suggest ways to develop desirable villages in rural areas. From reviewing relevant pre-studies, this study was done by interview, questionnaire, and observation targeting 140 leaders and residents of exampled village of the project in Jeollanam-do, as well as by listening opinions of relative experts. This study is largely classified into 4 parts, review of character and appearing background of village development project, review of theoretical discussion about residents' participation, evaluation of accomplishments and analysis of participation, and establishing a model for habitants-participating village development project and how to improve it. As a result of questionnaire, it was found urgent for habitants to convert their thinking about village development and their participation in it, to realize a model of this project, as well as political stimulus to promote that. Therefore, measures must be required to improve current village development projects and to promote them. First of all, a preparation period is required to sufficiently provide the village where habitants are willing to participate in, from the state of place selection. Besides, it is required to run away from profit-making businesses aiming at foreign people, to improvement of residents' welfare in a long term, and enhanced resources management in a broad view. Waste of working expenses seems to be solved through direct operation by a corporation in charge of profit-making businesses, under superstition of residents' community. Finally conclusion, expansion and practicalization of education to residents are essential, to promote their participation in rural development projects. Especially it must be practical education for habitants such as 'community-ship' or 'technology education in each interesting part,' rather than tour of other villages and unilateral lectures from experts. Along with this, a long term plan and systematic participation is more essential. Since planning itself can be mutual learning to enhance residents' capacity, a chance must be established to discuss and plan each part including resources-research, by making them participate in.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.51 no.1
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• pp.42-49
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• 2015

According to the catch condition of Scomberomorus niphonius in autumn season affected greatly, the catch price for the set net fishery. Catch production and the selling price were relatively even except 2009 showing a great big blooming jellyfish of Nemopliema nomurai in 2008~2011. The fishing cost of the set net fishery in Yeosu has increased gradually by the decrease of catch production and unexpected environmental change like as jelly fish blooming. The increase of fishing cost diminished net income and caused a negative impact in profitability. The lowest Fisheries ratio of gross profit to gross costs the set net fishery were appeared 60.2% in 2010, respectively. Bycatch was highest in 2008 and lowest in 2009. In general, the bycatch was occurred from May to July every year and when Scomber japonicus was most dominant in the catch price by bycatch had a advantage in the profit side. However, the catch increase of immature small fishes by the bycatch, which will bring about the decrease of fisheries resources. Finally, the present state in set net fisheries will act as a defect on the long-term management of fisheries resources.