Table 6 Economic efficiency analysis of practices and bulk storage

Division Practice (A) Bulk (B) B/A Saving Rate
Crop yield (ton) 63 63
Purchase price (won)1) 8,862,210 18,900,000
Service life (year) 10 10
Annual fixed-cost (won) depreciation cost2) 886,221 1,890,000 213.3
Repair cost3) 17,724 37,800 213.3
Fixed capital cost4) 221,555 472,500 213.3
Subtotal 903,955 1,927,810 213.3
Fixed cost (won/ton) (①) 17,865 38,100 213.3 210%
Annual flow-cost (won) Labor cost5) 5,373,203 3,120,434 58.1
Transport cost5) 3,179,400 1,348,469 42.4
Material cost5) 642,000 483,750 75.4
Subtotal 8,570,468 4,507,003 53.9
Flow cost (won/ton) (②) 145,946 78,614 53.9 46.10%
Total cost (won/ton) (=①+②) 163,811 116,714 71.2 28.80%
Practice pallet (49.23 ea/ha, 180,000 won/ea), Bulk pallet (126/ha, 150,000 won/ea).
Depreciation cost: 10 years.
Repair cost: Depreciation cost×0.2%.
Fixed capital cost: Purchase price/2×5%.
2016 average price.